As Australians’ purchasing power declines, labour experts and economists say policies are needed to boost incomes
It was labelled a “deliberate design feature of our economic architecture” by Mathias Cormann, a statement which caused new cabinet minister Linda Reynolds verbal whiplash when she mistook it for a Bill Shorten quote, earlier this month.
But low wage growth is shaping up as a key issue of the election, with more than 100 labour policy experts and economists weighing in on the debate over what they call the “growing and legitimate concern in Australia over the erosion of real living standards”.
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