Wage growth slowdown under Coalition costs average worker $254 a week, study finds

Exclusive: New analysis by the McKell Institute blames a suite of government policies for suppressing wages

The average Australian worker would be earning $254 more a week if wages growth had continued at the rate achieved under the last Labor government, according to a new analysis.

The progressive thinktank, the McKell Institute, will release a report on Wednesday analysing the impact of a slowdown in average weekly ordinary time earnings since the Coalition gained power in September 2013. Wages grew 4.6% in the period 2007 to 2013, compared to 2.5% under the Coalition government.

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from The Guardian https://ift.tt/2SO630g
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