Australia news live: minimum wage rise still 'a real wage cut', retail union says | Australia news
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Source: theguardian.com
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Minimum wage hike spotlights gender equality problem
Female workers will be the most most affected by the upcoming minimum wage hike, as the FWC committed to focusing more on gender equality.
Source: thenewdaily.com.au
Australia Institute deaf to RBA and Treasury economists' criticisms
Australia’s economic policymakers do not tend to comment on economic research from the nation’s privately funded modellers, much less publicly rebuke it.
Source: afr.com
Greed-flation: is it real? - ABC Radio National
The cost of basic household items is going up and when you look at the exact figures, it's eye watering stuff. The price of some grocery staples such as yoghurt and breakfast spreads are well above the national inflation rate of seven per cent. So what's behind it? Is it all to do with inflation? Or are some companies using the current economic climate to increase their profit margins? It's what some critics are calling "greed-flation".
Source: abc.net.au
Australia Institute urged to retract 'flawed' profit-inflation report
The nation’s two leading economic institutions have criticised a report claiming corporate profits are the main driver of recent decades-high inflation.
Source: afr.com