Westpac underpays worker $8m.
The minimum wage has been increased, but no mention of the potential impact on unemployment.
Total wages crash by 8.3%.
New Weekly Data Shows A Jobs Crash.
Australia’s wage stagnation continues.
Average Australians are struggling to make ends meet.
I argue that government intervention into the economy via negative gearing has nudged investment into loss-making housing.
#Wages #Economy #HeiseSays Wage growth has plunged and the RBA is at a loss to explain why. References Wages growth in Australia: The truth about this viral graph https://www.news.com.au/finance/economy/australian-economy/wages-growth-in-australia-the-truth-about-this-viral-graph/news-story/d75327cfb07c8a961b3688873397bb17
#WageGrowth #Australia #Recession Wage growth stalled even with significant growth in portions of the public sector. Wage growth has been below average for years and does not appear to change that pattern within the foreseeable future. References https://tradingeconomics.com/australia/wage-growth https://www.abc.net.au/news/2019-08-14/wage-growth-remains-stagnant-in-q2/11412228?section=business
#ClimateStrike #SchoolStrike #ClimateChange Let’s look at today’s climate strike and the preparation and evidence of support from #GetUp.It looks like a generation of students is being trained to be and identify with left-wing political activism. Would they strike for #freespeech? References Students def calls to stay in school to protest climate change https://www.abc.net.au/news/2019-03-15/students-walk-out-of-class-to-protest-climate-change/10901978