The Wages Crisis
Why is Australia in the midst of a wages crisis? In this episode, Follow the Money explains how we got here.
Host: Ebony Bennett, Deputy Director at The Australia Institute // @ebony_bennett
Contributors: Jim Stanford, economist and director of the Centre for Future Work // @jimbostanford
Troy Henderson, economist at the Centre for Future Work // @troychenderson
Producer: Jennifer Macey // @jennifermacey // Additional editing by Lizzie Jack.
Title Track: Jonathan McFeat pulseandthrum.com Find us on Twitter @theausinstitute // Facebook.
This episode was recorded on 3 April 2019. Find the Centre for Future Work futurework.org.au // You can subscribe to The Australia Institute’s podcast series Follow The Money on iTunes. Each episode busts some economic myths, interprets econobabble and helps you sound really smart at your next dinner party.
Centre for Future work research:
> [2019] Tax cuts can’t compensate for flat wages
> [2019] Open letter: 124 policy experts call for measures to promote stronger wage growth
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
“Vital” wage rise would be a lifeline to low income earners and wouldn’t drive inflation – new analysis
Updated analysis by The Australia Institute reveals that a fair and appropriate increase to the minimum wage, and accompanying increases to award rates, would not have a significant effect on inflation.
Australia does not have a “productivity crisis” – new research
New research by The Australia Institute reveals there is little evidence of a “productivity crisis” in Australia, despite claims to the contrary from business leaders and politicians.
Denying Wages Crisis Won’t Make It Go Away
As the great novelist Isaac Asimov wrote, “The easiest way to solve a problem is to deny it exists.” Business leaders and sympathetic commentators have adopted that advice with gusto, during current public debates over the unprecedented weakness of Australian wages.

