Off the Charts
A picture tells a thousand words and Off the Charts is where you’ll find the charts and graphs that tell the most interesting stories. Across all the areas the Australia Institute covers, we give you the pictures that help you understand what is really going on in the world.
Worrying signs of weak wages growth
Australia’s tax system is failing to deliver the benefits of the gas boom
Norway shows how Australia can get a fair return from oil and gas
Australia’s and Norway’s economies both have massively profitable resource industries, but Norwegians receive a much larger and fairer share
After the Stage 3 tax cuts only the top 10% highest paying occupations will be better off
The Stage 3 tax cuts will only balance out the tax increase from the end of the low-middle income tax offset for those earning above $97,000
Low and middle income earners about to be hit with a massive tax increase
The end of the Low-Middle Income Tax Offset will deliver a tax increase of up to $1,500 for people earning under $90,000 – a 3% tax rise for someone on $50,000
Members of Parliament among those who benefit the most from the Stage 3 cuts
Taxation data shows which occupations will get the biggest cuts – and how few people work in them
Stage 3 tax cuts do little to correct bracket creep except for the wealthy
If you wanted to address bracket creep, the Stage 3 tax cuts would be the worst way to do it.
Latest data shows all industries have wages growth well below inflation
Enterprise agreements in June averaged just 2.8% annual wage growth – well below inflation.
Don’t bet on the pokies to deliver revenue
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
Fair Work Commission data shows that unions deliver higher wages
Enterprise bargaining agreements deliver better wages, but union backed ones deliver the best.
A strong tax base reduces inequality
A strong, progressive tax base and quality public services are the keys to reducing inequality
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
The cost of the Stage 3 cuts
The Stage 3 cuts will cut revenue that could be used for much needed services and programs
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
The latest emissions figures show just how far Australia has to go
Counting land use might make things look better, but it is a fake picture of Australia’s emissions
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.
Off the Charts is curated by the Centre for Future Work’s Labour market and Fiscal policy director Greg Jericho.
Tanya Martin Office Manager
Jake Wishart Senior Media Adviser