Budget explainer: why is Australia's wage growth so sluggish?
- Written by The Conversation
Wage growth is at its lowest since the measures began.Image sourced from www.shutterstock.comA striking development in the Australian labour market in recent years has been the slow-down and low rate of growth in nominal wages. Low wage growth implies stalling living standards for workers; and has less obvious adverse consequences such as...
Read more: Budget explainer: why is Australia's wage growth so sluggish?