It seems like a no-brainer: if prices are rising (as they are, and fast), workers need pay increases just to keep up. Trade unions, Labor leader Anthony Albanese, and many economists think it must. But some commentators have said this would push Australia back to the high-inflation years of the 1970s.
Why have Australian wages been so weak, for so long? The Centre for Future Work at the Australia Institute has just published a landmark report with all the answers: The Wages Crisis: Revisited.
Join the authors for a deep dive into how to boost wages growth. Only on Australia Institute TV.
Professor Andrew Stewart, John Bray Professor of Law, The University of Adelaide
Dr Tess Hardy, Associate Professor of Law, Melbourne Law School
Jim Stanford, Economist and Director, Centre for Future Work at the Australia Institute
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