Fair Work Commission data shows that unions deliver higher wages
Enterprise bargaining agreements deliver better wages, but union backed ones deliver the best.
A record number of people are working more than one job
The past 2 years has seen a surge in the number of people working multiple jobs
Ten years of productivity growth, but no increase in real wages
Ten years of productivity gains has resulted in a zero increase in real hourly wages
The share of GDP going to workers hits a record low
The latest GDP figures show more than ever before workers are getting less than their fair share
Profits continue to grow faster than wages
Profits continue to soar ahead of wages
August 2022
New data shows how the Stage 3 tax cuts massively favour the wealthy
77% of the benefits of the Stage 3 tax cuts will go to the richest 25%
Real wages have not kept up with productivity
When you count earnings per waged hours it is very clear that real wages have not kept up with productivity
Average full-time earnings rose just 1.9% in the past year
Average annual earnings growth slowed over the past 6 months while real average earnings plummeted
Underutilisation lowest since 1982; wages growth highest since…. 2014
Underutilisation is at 40 year lows; wages are not even at 10 year highs
Real wages plunge to 2012 levels
In the past year real wages fell so far they are now back to 2012 levels.
Jobs in air transport remain down even as Australians get back travelling
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.
May 2022
Why commentary that wages growing in line with inflation will drive up inflation is completely misguided
Today the opposition leader, Anthony Albanese was asked about wages in the following exchange: Journalist: “You said that you don’t want people to go backwards. Does that mean that you would support a wage hike of 5.1% just to keep up with inflation? Anthony Albanese: “Absolutely”. Any other response would be to suggest that real
March 2022
A budget for buying votes or backing workers? [webinar]
Today we bring you another conversation from the Australia Institute’s webinar series. The Coalition Government’s ninth Federal Budget on 29 March will be an election Budget. Against the backdrop of a cost of living crisis, ACTU President Michele O’Neil looks beneath the likely hype to talk about what will really matter for workers. This was
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