Increasing wages would make the Australian economy safer
- Written by Stephen Kinsella, Reseach Fellow, School of Government, University of Melbourne
Slow wage growth is leading to over-indebtedness among those that can afford hosues. shutterstockAustralian wages have again failed to meet expectations - rising by just 2% on an annual basis. This is bad not just for workers, but for the economy in general. Wages need to rise, especially for those on low to middle incomes.
Research shows that...
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