The wages crisis in Australia
The persistence of weak wages growth in Australia, at a time when the state of the economy might suggest much better outcomes for workers, has baffled policy-makers.
Andrew Stewart, Jim Stanford and Tess Hardy have drawn together expert analysts from business, universities, think-tanks, community organisations and trade unions to answer four pressing questions: What is the wages crisis? Why is it happening? Why does it matter? And what should we do about it?
Written in non-technical terms for a general audience, the essays in this book offer many insights into one of Australia’s most pressing economic and social issues. They highlight the key point that wage stagnation is a problem with multiple causes and dimensions. It will not fix itself, but will need decisive policy action. In their conclusion, the editors set out their own views of what that might be.
