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Australian wage growth figures revealed

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HC Online | 20 Nov 2015, 12:00 AM Agree 0
The Australian Bureau of Statistics had an interesting revelation with its latest wage growth data.
  • Quizzical | 23 Nov 2015, 11:21 AM Agree 0
    The article does not point out that, while real wage growth is at a record low and wages may even fall in real terms, profits continue to rise as a proportion of national income and at a much greater rate than wages. Employers, overall, are simply keeping more money for profits - especially big employers, I suspect. See http://bilbo.economicoutlook.net/blog/?p=32363
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