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Real wages have gone backwards. Even earning $100,000 isn’t what it used to be

  • Written by Christopher Hoy, McKenzie Research Fellow, The University of Melbourne

Figures released today by the Australian Bureau of Statistics (ABS) show that over the year to December, wages grew by 3.4%. For households, however, the number that really matters is what happened to wages after inflation.

Over the same period, the consumer price index (CPI) rose by 3.8%. This means real wages (wages after accounting for...

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Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

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The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems  As Australian hospitality venues grapple with...

Why the SME is now the primary engine of global cybercrime

For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...

Work-life Balance Key to Solving Construction Talent Shortage

New data from leading talent company Randstad Australia shows flexible working and work-life balance could be critical to addressing ongoing talen...