Inflation is coming down fast so we should now shift our attention to making sure unemployment does not rise

When workers are united, and able to collectively bargain, they can win good outcomes

In recent years, workers have been held back from demanding better working conditions and pay by a lack of bargaining power.

The RBA is currently targeting a 4.5% unemployment rate, and that is going to hurt young, low skilled and low paid workers,

Former Australian Council of Trade Unions president Sharan Burrow will deliver the second annual Carmichael Lecture on August 16. Ms Burrow, who was ACTU president for a decade from 2000, was also general secretary of the International Trade Union Confederation between 2010 and 2022. She will speak on the topic ‘Global Worker Solidarity for a

As interest rates rise, the gains from negative gearing increase.

Every inflationary episode embodies a power struggle within society over who benefits from inflation, who loses out – and who will bear the cost of getting inflation back down.

A slowing economy and households closing their wallets is bad news with a Reserve Bank determined to keep raising rates

Today’s 5.75% award wage increase is a necessary boost for the lowest paid workers but does not keep pace with inflation. The Fair Work Commission (FWC) has today explicitly said this increase “will consequently not cause or contribute to any ‘wage price spiral’”. Key Points: Award wage increase of 5.75% is less than inflation, which

Australia needs more housing, and we definitely need more public housing

Despite a mainstream shift in the national conversation away from baseless claims of a “wage-price spiral”, some big business proponents and conservative economists appear unwilling to accept the economic evidence of a profit-price spiral.

New research reveals the growth of ‘gig’ employment in the NDIS and care sector is undermining minimum employment conditions for tens of thousands of workers, with thousands of workers likely earning below-award wages, missing out on superannuation and experiencing inferior WHS protections and gender pay equality outcomes.

You can’t sustain household spending while real wages continue to fall, and households are starting to let everyone know

Wages are growing the best they have for 11 years, but real wages are now back at the level they were 14 years ago

Rather than be a budget that will fuel inflation, the budget is actually closer to austerity than stimulation

Commonwealth on Track for Diminutive Deficit or Surplus in 2022-2023 In the lead-up to its 2023-24 budget, the Labor Government finds itself in an awkward position, accepting that the Jobseeker payment is “seriously inadequate” and an impediment to regaining work, yet professing that it lacks the financial capacity to afford a meaningful increase anytime soon.

Wages growth is rising slowly and inflation is falling faster than expected, and yet the RBA decided to hit the economy again with another rate rise.

Inflation is falling steadily but hitting low-income households the most.

A 7% National Minimum Wage rise for low paid workers would help tackle the rising cost of living for those on award wages while having a virtually undetectable impact on economy-wide prices, new research from leading economists at the Centre for Future Work has found. The data comes as the Fair Work Commission deliberates about

The Stage 3 tax cuts were always bad, but with the removal of the low-middle income tax offset, they become a terrible political strategy as well

Millennials are not becoming more conservative as they age – and the rigged housing market is just one reason why

Perhaps as much as a third of the rate rises since April have yet to fully hit the economy

The whole point of public-sector wage caps is to keep all wages down

House prices are falling but housing unaffordability remains high

New research released on International Women’s Day reveals Australian women earn $1.01m less over their working lives than men, based on median income data. Women earn $136,000 less in superannuation over their working lives than men, based on median income data. Women earning the median wage will accumulate approximately $393,676 in super, $151,000 below what

The upsurge of inflation since the COVID-19 lockdowns has not had equal impacts on all Australians. Workers and low-income people have experienced the worst losses: both because their incomes, in most cases, have not kept up with prices, and because they are more dependent on essential goods and services (like shelter, food, and energy) than higher-income households.

New empirical research reveals the main driver for inflation in Australia is excess corporate profits, not wages, and that inflation would have stayed within the RBA target band if corporates had not squeezed consumers through the pandemic via excess price hikes.

Superannuation is too important for retirement to be allowed to be a tax dodge scheme for the wealthy. It is time to review the scheme and stop the abuses

The Carmichael Centre at the Australia Institute’s Centre for Future Work is proud to announce the appointment of Prof. David Peetz, one of Australia’s most outstanding labour policy experts, as the new Laurie Carmichael Distinguished Research Fellow. Prof. Emeritus Peetz has recently retired from a long career at Griffith University, where he served as Professor

The Reserve Bank now forecasts real household incomes will take longer to recover than they did during the 1990s recession and is also projecting economic growth at historical lows. Australian consumers are right to feel worried about the future.