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Australians suffer sharp decline in living standards: OECD
Its annual employment report warns that real wages will fall further this year, complicating Labor’s efforts to argue it has made progress on the cost of living.
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afr.com
Australia faces worst growth slump in decades as rate rise looms
Weak productivity and underinvestment have left Australia struggling to grow without stoking inflation, Deloitte Access Economics warns.
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smh.com.au
Australia’s real wages slump one of the worst in developed world
One of the nation’s top economic forecasters warns the next two years will also be a grind thanks to higher unemployment and more poor wage growth.
