News, media releases, opinions and articles from the Centre for Future Work.
In next week’s budget watch out for the tax cut that won’t cut your tax
Next Tuesday, Treasurer Josh Frydenberg will deliver the 2022-23 budget. As it is only 2 months from the next federal election, the budget will be even more politically charged than usual. And while there will be the usual attempts to suggest better wages growth is just around the corner and those on low-to-middle income earners…
New Research: Australia’s Skills System Continues to Crumble After COVID
Australia’s vocational education and training (VET) system shows growing signs of erosion, fragmentation and dysfunction, according to new research from the Australia Institute’s Centre for Future Work.
Key Findings:
All VET enrolment growth between 2015-20 has been in non-accredited training, w…
Flat wages and booming house prices cause housing affordability to plunge
Since the stimulus measures introduced in 2020 to prop up the housing market during the pandemic, house prices have exploded. In 2021 property prices across Australia’s capital cities rose an astonishing 24%. Combined with the stagnant wages growth of the past 8 years, housing affordability has fallen dramatically. A decade ago the medium-priced house in…
Record number of people working multiple jobs reveals the problems for workers
The latest Labour Account figures from the Bureau of Statistics reveal that at the end of last year a record percent of people were working more than one job. In the December quarter of 2021 a record 6.4% of employees were working multiple jobs This unfortunately is not a pandemic-led one-off but part of a…
Australia’s Lopsided Economic Recovery
In the last three months of last year, households in NSW, Victoria and the ACT came out of lockdowns and spent money propelling almost all of the economy growth in the economy. But while households are providing all the growth, workers are missing out on the rewards. The share of GDP going to employees hit…
International Collective Bargaining Experts Explore Future System Reform
Multiple negative economic and social consequences have emerged across Anglophone industrial countries from the retrenchment of collective bargaining systems, including slowing wages growth, rising insecure work, inequality, and declining productivity and growth – bringing urgency to proposals for collective bargaining reform. The AIRAANZ panel follows release of the 13-article Special Issue Global Lessons for Stronger…