The five not-so-easy steps that would push wage growth higher
- Written by Andrew Stewart, John Bray Professor of Law, University of Adelaide
Market forces are unlikely to lift wage growth higher without help.It’s been an extraordinary four years since wages grew by anything like the 3-5% per year they used to.
Ever since 2015, wage growth has been closer to 2% per year, moving only in a narrow band between 2.3% to 1.9% and back again. It’s the slowest sustained rate of wage...
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