Attributing Australia’s economic success to closed borders runs the risk of leaving us with the wrong lesson the next time the things turn down.
Articles on Wages growth
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The Conversation’s expert panel predicts prices will rise faster than Australians’ pay can keep up in 2022 – and that’s not their only concern about the local economy.
Small businesses are less productive, less innovative and pay staff less than big ones, and even before the pandemic they were shedding jobs.
True wages growth, and true price growth, is probably less than the official figures suggest – meaning there’s no need for alarm about inflation in Australia.
Jobs, economic growth, wages growth and even home price growth are likely to look less threatening by the time we are asked to vote.
Top contributors
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Economist and Director, Centre for Future Work, Australia Institute; Honorary Professor of Political Economy, University of Sydney
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Program Director, Housing and Economic Security, Grattan Institute
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Laurie Carmichael Distinguished Research Fellow at the Centre for Future Work, Melbourne; and Professor Emeritus, Griffith Business School, Griffith University
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Vice-Chancellor’s Fellow, University of Tasmania
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Senior lecturer, Canberra School of Government, University of Canberra
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Professor of Work and Regulation, Queensland University of Technology
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Visiting Fellow and Director – Micro heterogeneity and Macroeconomic Performance program, Crawford School of Public Policy, Australian National University
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Lecturer in Economics, Monash University
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Adjunct professor, Flinders University
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Professorial Fellow, University of Canberra
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Deputy Program Director, Housing and Economic Security, Grattan Institute
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Director, Centre of Policy Studies, Victoria University
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Professor in Working Life, Discipline of Business Information Systems, University of Sydney Business School, University of Sydney
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Senior Associate, Economic Policy, Grattan Institute