This Month
- Opinion
- Australian economy
How to get fiscal dividend from a jobs, skills and training virtuous cycle
Reforms in vocational and higher education, and migration, can realistically aim to promote economic growth and would more than repay the upfront investment cost.
- Peter Dawkins
Australia’s most in-demand jobs revealed
Actuaries, tax accountants, solicitors and architects are officially in shortage, according to Jobs and Skills Australia’s annual skills priority list.
- Michael Read and Euan Black
- Analysis
- Industrial relations
Why a 36pc pay rise at US car makers won’t inflame inflation
The wage jump over four years demanded by US car workers would lift inflation only slightly, according to new analysis from Goldman Sachs and JP Morgan.
- Matthew Cranston
September
Childcare sector unions win first multi-employer bargaining order
Unions say they will seek to force the Albanese government to the bargaining table to fund a real wage increase for 500 centres.
- David Marin-Guzman
Jobs and low inflation goal clashes with workplace changes
Economists say the employment white paper’s goals to cut the jobless rate and keep inflation low clash with Labor’s workplace changes.
- John Kehoe
Pay rises surge, close in on inflation
Average pay rises in new collective agreements have soared to a high of 4.7 per cent, putting pressure on efforts to control inflation.
- Updated
- David Marin-Guzman
Minns wages policy to be put to test by unions asking 30pc
Budget papers have revealed NSW’s uncapped wages policy could blow out initial estimates of $46 billion as unions prepare to ask for hefty pay rises.
- Samantha Hutchinson
Incomes to stagnate without reform: RBA
A further slowdown in global trade, the cost of the transition to net zero and waning business dynamism are a threat to living standards, the bank says.
- Michael Read
- Exclusive
- NSW budget
NSW uses fund for ‘transformative’ infrastructure for truck stops
A $1.5bn fund set up to build “once in a lifetime, transformative infrastructure” will be spent on regional roads, an aged care facility upgrade, and ambulance bases.
- Samantha Hutchinson
- Exclusive
- Industrial relations
Victorian TAFEs push for single employer status
The institutes’ teachers are hoping the Fair Work Commission will pave the way for them to bargain collectively.
- Julie Hare
How every Australian missed out on a $25,000 pay rise
Since the internet boom of the 1990s, productivity has slowed and real incomes have suffered as a result, according to a new report.
- John Kehoe
Workers get fair share of pie, says PC as it busts wages myth
Labour’s share of income for 95pc of workers outside of mining and agriculture had declined by less than 1 percentage point over the past 27 years, it says.
- John Kehoe
- Opinion
- Productivity
Busting the ‘wage decoupling’ myth
The link between productivity and real wages is robust. And the idea that productivity-enhancing reforms don’t matter for living standards is wrong.
- Alex Robson
NSW’s AAA rating at risk as energy transition stalls
Energy policy and new government-led investments in the state’s energy infrastructure could make-or-break it’s two AAA credit ratings, analysts say.
- Samantha Hutchinson
August
- Exclusive
- Industrial relations
RBA ‘disappointed’ after staff reject 10.5pc pay rise
Rejection of the deal, which would have given top economists a $14,000 raise, creates an uncomfortable situation for Michele Bullock as she calls for wage restraint.
- Michael Read
Minimum wage effect on wage growth doubles after ABS revisions
The minimum wage’s contribution to wage growth has been significantly underestimated in data that may have influenced this year’s record 5.75 per cent pay increase.
- David Marin-Guzman
EY audit pay rates stay the same despite inflation
Starting pay for most auditing staff in parts of EY’s financial services division will not rise this financial year, despite it charging clients more.
- Max Shanahan
RBA warns the jobs market may be about to sour
Soft wages figures have strengthened the prospect of a cash rate pause, as the RBA warns for the first time the labour market may be about to sour.
- Michael Read
CBA exposes wealth gap | Bumper earnings season begins | The big data points to watch
In this week’s episode, James and Anthony examine the wealth generation gap exposed by the Commonwealth Bank, drill into earnings season, and reveal the big data point to watch next week.
FWC urged not to ‘rubber stamp’ multi-employer talks for childcare
Employers have warned the Fair Work Commission of serious economic consequences if it does not set a high bar for approving the first multi-employer bargaining under Labor’s laws.
- David Marin-Guzman
