Us versus Them
When you think about Australia’s entire economy, what share of that pie do you think goes to workers (via wages) compared to business (via profits)?
The Business Council of Australia is making some bold claims that the profit share of income has fallen, but does the data back that up? In this episode we unpack who is really winning and who is getting left behind in Australia’s economy with Richard Denniss, economist and Executive Director of the Australia Institute
This was recorded on Wednesday 24 August 2022 and things may have changed since recording.
The Australia Institute // @theausinstitute
Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett
Guest: Richard Denniss, economist and Executive Director, Australia Institute // @RDNS_TAI
Producer: Jennifer Macey // @jennifermacey
Edited by: Lizzie Jack
Theme Music: Pulse and Thrum; additional music by Blue Dot Session
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
Corporate Profits Must Take Hit to Save Workers
Historically high corporate profits must take a hit if workers are to claw back real wage losses from the inflationary crisis, according to new research from the Australia Institute’s Centre for Future Work.
Stronger Wage Growth improves the Economy and the Budget
Stronger wage growth will deliver more money to workers and also improve the budget position buy delivering more tax revenue
Real wages are finally growing! But they have a long way to go
Let us celebrate real wages rising, but not forget how far we have to go.