The ABS has released what is likely the last quarterly GDP report before a Commonwealth election expected in May. Coalition leaders were hoping a strong report would underline their standard talking points about being the best “economic managers.”  But they were badly disappointed.

In the lead-up to the 2013 federal election, then-Opposition Leader Tony Abbott made a high-profile pledge that a Coalition government, if elected, would create 1 million new jobs over the next five years. Abbott was elected (although later ousted by his own party), and total employment in Australia did indeed grow by over 1 million positions between 2013 and 2018.  Current Prime Minister Scott Morrison hopes that this success can resuscitate his party’s flagging fortunes: he has pledged, if elected, to create even more jobs (1.25 million) over the next five years.

The unprecedented insecurity of work in Australia’s economy – with the labour market buffeted by technology, globalisation, and new digital business models – has sparked big thinking about policies for addressing this insecurity and enhancing the incomes and well-being of working people. Two ideas which have generated much discussion and debate are proposals for a

The share of total economic output in Australia that is paid to workers (in the form of wages, salaries, and superannuation contributions) has been declining for decades. Workers produce more real output with each hour of labour (thanks to ongoing efficiency improvements and productivity growth), but growth in real wages has been much slower –

This week the ABS released new GDP data, covering the June quarter, which confirm the continuing structural shift away labour toward capital in the distribution of income. We have prepared a short briefing note, contrasting the strong growth in corporate profits over the past year with the stagnation of labour incomes.  Workers simply do not

Amidst increasing concerns among economists and budget forecasters about the historic stagnation of Australian wages, the latest GDP statistics from the Australian Bureau of Statistics have confirmed that the proportion of national economic output that is paid to workers has reached an all-time low.

New report from the Centre for Future Work ranks Prime Ministerships by 10 key economic performance indicators.

In responding to the release of the recent Productivity Commission (PC) draft report into paid parental leave, Prime Minister Kevin Rudd stated: ‘This Australian Government believes the time has come to bite the bullet on this and we intend to do so’. He did not however commit to addressing the issue before the 2009 Federal

This paper examines the relationship between recessions and the size and duration of long-term unemployment. The results should leave us in no doubt that just a few poor years of economic growth have very significant medium-term implications for long-term unemployment.