Enterprise bargaining agreements deliver better wages, but union backed ones deliver the best.
The past 2 years has seen a surge in the number of people working multiple jobs
Ten years of productivity gains has resulted in a zero increase in real hourly wages
The latest GDP figures show more than ever before workers are getting less than their fair share
Profits continue to soar ahead of wages
77% of the benefits of the Stage 3 tax cuts will go to the richest 25%
When you count earnings per waged hours it is very clear that real wages have not kept up with productivity
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.
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
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