Modern Australian

There's an obvious reason wages aren't growing, but you won't hear it from Treasury or the Reserve Bank

  • Written by David Peetz, Professor of Employment Relations, Centre for Work, Organisation and Wellbeing, Griffith University
There's an obvious reason wages aren't growing, but you won't hear it from Treasury or the Reserve BankThe most obvious reason for wage stagnation is the decline in unionisation over the past three decades. But you won't hear that from government economists.www.shutterstock.com

Wages growth for Australian workers is among the worst in the industrialised world. For more than a third of workers on individual contracts, wages aren’t growing at...