The Stage 3 tax cuts were always bad, but with the removal of the low-middle income tax offset, they become a terrible political strategy as well

Millennials are not becoming more conservative as they age – and the rigged housing market is just one reason why

Perhaps as much as a third of the rate rises since April have yet to fully hit the economy

The whole point of public-sector wage caps is to keep all wages down

House prices are falling but housing unaffordability remains high

New research released on International Women’s Day reveals Australian women earn $1.01m less over their working lives than men, based on median income data. Women earn $136,000 less in superannuation over their working lives than men, based on median income data. Women earning the median wage will accumulate approximately $393,676 in super, $151,000 below what

The upsurge of inflation since the COVID-19 lockdowns has not had equal impacts on all Australians. Workers and low-income people have experienced the worst losses: both because their incomes, in most cases, have not kept up with prices, and because they are more dependent on essential goods and services (like shelter, food, and energy) than higher-income households.

The rising cost of living and falling real wages has seen the number of people working more than one job surge in the past 2 years.

New empirical research reveals the main driver for inflation in Australia is excess corporate profits, not wages, and that inflation would have stayed within the RBA target band if corporates had not squeezed consumers through the pandemic via excess price hikes.

Superannuation is too important for retirement to be allowed to be a tax dodge scheme for the wealthy. It is time to review the scheme and stop the abuses

With public sector wages dragging down wage growth and private sector wages rising slower than expected, it is clear Reserve Bank needs to pause its run of rate rises

The Carmichael Centre at the Australia Institute’s Centre for Future Work is proud to announce the appointment of Prof. David Peetz, one of Australia’s most outstanding labour policy experts, as the new Laurie Carmichael Distinguished Research Fellow. Prof. Emeritus Peetz has recently retired from a long career at Griffith University, where he served as Professor

The Reserve Bank now forecasts real household incomes will take longer to recover than they did during the 1990s recession and is also projecting economic growth at historical lows. Australian consumers are right to feel worried about the future.

The Reserve Bank now predicts real wages will being to recover from the start of next year, but will take many years to recover

The signs are already evident that household consumption is falling despite most mortgage holders yet to feel the full effects of the rate rises. The Reserve Bank however believes more pain is needed.

The 300 basis point increase in the cash rates has delivered one of the biggest falls in lending ever seen. The risk of a recession to follow cannot be ignored

The cost of mortgages is soaring and households are spending less in the shops – the Reserve Bank should hold off on raising rates again next week

Most economists believe inflation has peaked and yet the Reserve Bank is still expected to raise rates next month despite real wages falling by more than 4% last year.

Home loans have fallen sharply in the past year, and the rate rises are clearly having a major impact. As such the Reserve Bank needs to wait before raising them again.

The Stage 3 tax cuts will cost $300bn in their first 9 years. A new tool shows how we can spend the money better

The average annual wage growth in enterprise agreements not only remains well below inflation, it shows little sigh of increasing.

The past 6 months has seen a record rise in the amount of interest households are having to pay

When you reduce the revenue available to fund government services, you inevitably increase inequality

As wages fail to keep up with inflation a record number of poeple are having to work more than one job to get by

The build up of savings during the pandemic is over – now we need strong income growth to keep the economy going as the Reserve Bank tries to slow it.

For most of this year, the warnings and news about inflation have been one of hope for the best but experience the worst. Predictions of future inflation growth have continually been revised upwards and with it has been the suggestion that interest rates need to keep rising.

Industrial Relations Reform Sets Stage for Significant Acceleration of Wage Growth.

The latest economic outlook from the OECD highlights the precarious path for Australia over the next few years.