Australian workers have received all-time low annual wages rise over the financial year just ended, reports Alan Austin. AUSTRALIA HAD ALWAYS rewarded workers with steady wage increases year on year as industrial cooperation and improving productivity have generated ever-rising company profits. That is, until 2013, when the current Coalition Government came to power. In the eight years since then, wage rises have fallen to a fresh all-time low six times, the latest at an appalling 1.71%, according to last week’s data.
Source: Morrison delivers for foreign corporations: Lowest wage rise on record
Related posts:
EU foreign ministers to discuss Russia relations and sanctions at council meeting
2024 election cycle shattered by record Dark Money surge
‘Seed’ Documentary Explores The David-and-Goliath Battle With Food Corporations
UK job vacancies hit record high following restrictions lift
'Tomorrow War' Review: Amazon Delivers a Perfect 4th of July Blockbuster
Pollak: Joe Biden Names Susan Rice to WH Despite Record of Lying, Failure