Mind the gap: Real wages suffer biggest fall this century - Sydney Morning Herald
5/18/2022 12:00:00 AM2 years 11 months ago
by Shane Wright
by Shane Wright
Wages have grown slightly faster than inflation for most of this century. But new figures show the biggest fall in real wage growth in more than 20 years.
After accounting for inflation, Australian wages have collapsed over the past year. The disconnect between wage growth and inflation would be devastating for household budgets across the country, he … [+1774 chars]
full article...