ABC Top Stories1h agoBusinessAustralia
Australian Workers' Wages Lagging Productivity Growth for 30 Years, Study Finds
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- Researchers from the Centre for Policy Development (CPD) in Australia found that typical workers' pay has not kept pace with productivity growth for three decades, with gains increasingly captured by businesses.
- This challenges previous findings and raises questions about wage-setting, ownership, and technology's future direction.
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Researchers from the Centre for Policy Development (CPD) in Australia found that typical workers' pay has not kept pace with productivity growth for three decades, with gains increasingly captured by businesses. This challenges previous findings and raises questions about wage-setting, ownership, and technology's future direction.
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This article was originally published by ABC Top Stories.
