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Tired of shrinking pay? The real drain on Australians' productivity is falling wages

Written by Mark Humphery-Jenner, Associate Professor of Finance, UNSW Sydney

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When was the last time you got a pay increase? Was it anywhere near the rate of inflation?

If it feels as if your wage is shrinking and cost of living pressures are growing, you’re in good company. And it might just be harming productivity. Here’s why.

Labor productivity (measured as gross domestic product per hour worked)...

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Tired of shrinking pay? The real drain on Australians' productivity is falling wages

Compulsory super is higher than ever at 12%. But cutting it would hurt low-paid workers most

A crucial meeting aims to remake the WTO to fit the new global order

Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war?

Is your ‘sustainable’ super funding fossil fuels or weapons? How to check the fine print

This is how the 1970s oil shock played out. There are lessons for the economy today

Prosecco makers lose out as Australia seals EU free-trade deal after 8 long years of talks

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Ultra low wage growth isn't accidental. It is the intended outcome of government policies

Energise your workspace and entice workers back to the office with colour psychology

Why Retail Stores Should Beef Up Their Security

How to Apply for More Jobs in Less Time Using AI Automation

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Time to punch above our weight and stop shadowboxing on AI

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

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