September 2023

Opening statement to the ACTU Price Gouging Inquiry

by Jim Stanford and Greg Jericho

This week Professor Allan Fels, the former head of the Australian Competition and Consumer Commission (ACCC), has begun an inquiry into price gouging across a range of industries, including banks, insurance companies, supermarkets, and energy providers. The inquiry commissioned by the ACTU comes off the back of the highest inflation in 30 years and the biggest falls in real wages on record.

August 2023

The Intergenerational Report shows Australia’s population is ageing, but we need not panic

by David Richardson and Greg Jericho

Australia’s population is set to age, but that does not mean we need to go without – we just need to be honest about paying for it.

The Intergenerational Report notes that productivity matters, but we also need to care as much about who benefits

by Greg Jericho

The forecast of productivity growth in the Intergenerational Report is not all doom and gloom – but it will be if workers continue to receive less than their fair share of the benefits

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Good to see real wages no longer falling, but we have a long way to go

by Greg Jericho

It is now 3 years since real wages have increased

Wage growth in Enterprise Agreements remains steady

by Greg Jericho

The latest figures of wage growth in enterprise agreements show that wages continue to grow by much less than inflation

July 2023

June 2023

May 2023

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