Wages growth
Alternative labels
Wage stagnation
Wage freeze
Briefing paper
The irrelevance of minimum wages to future inflation
The authors of this paper argue that a significant increase to the minimum wage, and accompanying increases to award rates, would not have a significant effect on inflation in Australia.
Research Summary
Climbing the wage ladder: linking job mobility and wages
Real wages have declined over the past 4 years in Australia, with inflation outpacing wages growth. This research note shows that reforms to address unnecessary and artificial barriers to mobility in labour and housing markets may be one of the best ways to get wages moving for Australian workers.
Report
Profit-price inflation: theory, international evidence, and policy implications
This research confirms that corporate profits in Australia, despite recent moderation, remain well above historic norms, and must fall further in order to allow a rebuilding of real wages in Australia that have been badly damaged by recent inflation.
Report
Productivity growth and wages – a forensic look
This research examines the evidence on whether wages have kept up with labour productivity in the past few decades. The Productivity Commission finds that in all industries, except for mining and agriculture – which account for over 95% of employment – the difference between productivity growth and wages growth has been relatively low.
Report
The public sector needs a real pay rise
The authors of this report call on the UK Government to restore public sector pay to 2019/20 levels. This would go beyond the government's recent below-inflation pay offers and thereby undo the real-terms pay cuts which public sector workers have suffered as a result of rising prices.