Employment
Hot Take: The labour market keeps on trucking
Strong labour force data in December have all but ruled out a February rate cut.
Employment
Inflation
A troubling economic scenario
As Australia grapples with its post-pandemic recovery, the principal macro challenge remains inflation.
Wages
Why real wages had to fall
Real wages in Australia have stagnated because the pandemic made us all poorer; a lack of wage growth just reflects that reality. If we push wages further above productivity, we risk disemployment, a wage-price spiral, and even a painful recession.
Employment
The true costs of JobKeeper
When COVID-19 struck, the Australian government – along with just about every government around the world – unleashed unprecedented support for workers who were at risk of losing their jobs due to the various health-related restrictions on business activity. One of the talismans of the Scott Morrison/Josh Frydenberg government’s response