Employment is once again growing very strongly — especially in NSW. So why are they getting zero credit for it from voters?
Poor wages growth is continuing for most Australian workers but very low inflation means real wages are up, even if they don't feel like it.
In terms of household wealth, we only have the sharemarket going for us at the moment. Wages and property are undermining the "wealth effect".
Welcome to Side View — a curated guide to new and overlooked content on politics, policy, and public affairs. This week: surveil your way to riches, the rain falls hard on a poorly planned town, and the return of an old friend.
Despite all the bluster of those demanding an interest rate rise, inflation remains flat and interest rates aren't going anywhere anytime soon.
Economic data this week suggests there's still plenty of life in housing construction as well as growing business investment.
Another bad wages growth number shows Australian workers struggling to keep ahead of inflation, and in some major sectors, going backwards, Glenn Dyer and Bernard Keane write.