Enterprise agreements in June averaged just 2.8% annual wage growth – well below inflation.
The Federal Government recently tabled legislation to establish a National Anti-Corruption Commission (NACC), a long overdue measure to help restore trust in politics and democracy. The bill is not without criticism however, there are concerns that the threshold for holding public hearings is unreasonably high. This was recorded on Thursday 29th September 2022 and things
As the Tasmanian government seeks to limit spending on the pokies, the data shows how much gambling takes from society, and how little it delivers in revenue
Enterprise bargaining agreements deliver better wages, but union backed ones deliver the best.
A strong, progressive tax base and quality public services are the keys to reducing inequality
The past 2 years has seen a surge in the number of people working multiple jobs
The Stage 3 cuts will cut revenue that could be used for much needed services and programs
Ten years of productivity gains has resulted in a zero increase in real hourly wages
This week on Follow the Money Ebony is sitting down with Greg Jericho to discuss the Jobs Summit: what happened, why was it needed, and are we going to get any jobs out of it? This was recorded on Tuesday 6th September 2022 and things may have changed since recording. The Australia Institute // @theausinstitute
The latest GDP figures show more than ever before workers are getting less than their fair share
Profits continue to soar ahead of wages
In this episode we’re unpacking something a little different, something a bit outside our usual discussion about the economy. As Defence Minister Richard Marles lifts Peter Dutton’s ban on some charity and diversity events in Defence, we dive into the term ‘woke’. What does it mean? Why is it dominating the culture wars? Dive in
77% of the benefits of the Stage 3 tax cuts will go to the richest 25%
New polling research reveals a majority of Australians agree that junk food advertising during children’s viewing should be banned, and an overwhelming majority support a ban on TV gambling advertisements. A majority of Australians also supported bans on alcohol and tobacco advertising on TV, and more agree than disagree that ads promoting fossil fuels should
When you count earnings per waged hours it is very clear that real wages have not kept up with productivity
When you think about Australia’s entire economy, what share of that pie do you think goes to workers (via wages) compared to business (via profits)? The Business Council of Australia is making some bold claims that the profit share of income has fallen, but does the data back that up? In this episode we unpack
As Minister Richard Marles lifts Peter Dutton’s ban on some charity and diversity events in Defence, polling research has revealed most Australians are either unfamiliar with the term ‘woke’, or would describe themselves as ‘woke’. Key Findings: Of those who described themselves as woke, three in five were major party voters (59%) and more intended
Average annual earnings growth slowed over the past 6 months while real average earnings plummeted
Underutilisation is at 40 year lows; wages are not even at 10 year highs
In the past year real wages fell so far they are now back to 2012 levels.
The lack of workers is the major reason for the flight delays and airport wait-times. People are back travelling, but the air travel workers are not.
Join First Nations leaders Pat Anderson AO and Professor Megan Davis for a conversation about the Uluru Statement from the Heart and its three objectives: a Voice to Parliament, Treaty, and Truth. A webinar in partnership with the Sydney Peace Foundation. This was recorded on Wednesday 3rd August 2022 and things may have changed since
We are nearly at the end of the first sitting fortnight of the 47th Parliament, and it has been a packed agenda. This week we’re unpacking quick recap of how much things have changed in this new Parliament, and what changes are likely on the horizon. This was recorded live on Wednesday 3rd August 2022
New research shows that only a trivial portion of Australia’s inflation has come from wages this year, while rising prices continue to drive not just inflation, but profits to record highs. Key findings: Wages made no contribution to Australian inflation in 2019-2020, or 2020-2021, measured using the ABS’s broadest indicator of inflation, the GDP Deflator
When it happens to you, it can be devastating. Violating. Traumatising. But did you know it’s also rape? I’m talking about stealthing – the non-consensual removal of a condom during sex. Elena, who was 24 when she experienced stealthing says: “If stealthing was criminalised at the time of my incident, it would have provided me
Attorneys-General and Shadow AGs from around Australia are invited to participate in a roundtable on Thursday with legal experts and academics to tackle the damaging practice of ‘stealthing’, convened by sexual consent advocate Chanel Contos, the inaugural director of the Australia Institute’s newly established Centre for Sex & Gender Equality. The roundtable is aimed at
The Parliaments of the Northern Territory and the Australian Capital Territory have been banned from legislating voluntary assisted dying laws, but the new government and members of the new Parliament are seeking to restore Territory Rights as a matter of priority. This was recorded on Tuesday 5th July 2022 and things may have changed since
Opening Statement to the NSW Parliament Select Committee on the impact of technological and other change on the future of work and workers in New South Wales Thank you for the invitation to appear today. I do apologise for not appearing in person, but I currently have Covid. I also apologise in advance if I
Reserve Bank of Australia governor Phillip Lowe has invoked memories of the 1970s, warning wage growth must be restrained to contain Australia’s surging inflation. In the 1970s, Lowe said last week, “we got into trouble because wages growth responded mechanically to the higher inflation rate”. Now, with inflation above 5%, and tipped to reach 7% by the
Last year Reserve Bank governor Phillip Lowe said he wouldn’t increase interest rates until he saw signs of strong real wages growth. Now he is telling workers that if they don’t accept real wage cuts, then their greed will be responsible for inflation. No wonder Treasurer Jim Chalmers is not only keen to hold a review of