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Topic: wage stagnation
How business-as-usual and vested interests won out

How business-as-usual and vested interests won out

The 2019 election showed how powerful economic interests could thwart attempts to erode their privileges and rorts via scare campaigns.

Wages are going nowhere. And the entire governing class is to blame.

Wages are going nowhere. And the entire governing class is to blame.

Wages growth has ground to a halt in Australia, reflecting the wilful refusal of key players to take wage stagnation seriously.

Government’s wage stagnation policy inflicts another quarter of misery

Government’s wage stagnation policy inflicts another quarter of misery

Wage Price Index data for the March quarter show wages going nowhere except in health and education — a reflection of the government's policy of wage stagnation.

Reserve Bank confirms weak economy propped up by government spending

Reserve Bank confirms weak economy propped up by government spending

The Reserve Bank has significantly lowered its forecasts for economic growth — and wage stagnation is to blame.

Labor’s ‘referendum on wages’ off to a tepid start

Labor’s ‘referendum on wages’ off to a tepid start

Labor says the election will be a referendum on wages, but so far has proposed little that will make a material difference for workers stuck with stagnant incomes.

The dominant story of the election is weak household income

The dominant story of the election is weak household income

The only economic issue in the coming election should be household income and how wages policy can lift it.

What if the budget tried to address our real economic problems?

What if the budget tried to address our real economic problems?

If budgets were about addressing actual economic problems, this one would be a failure — but not a total one.

Down down, wages are down

Down down, wages are down

Wages growth has been downgraded yet again in the budget, with growth in 2019-20 now forecast to be just 2.75%.

US example makes a mockery of Australia’s wage denialists

US example makes a mockery of Australia’s wage denialists

Claims that minimum wage increases hurt employment have now been completely discredited. Time for advocates of wage stagnation to find another argument.