In their appearance before the House Economics Committee on Friday, the executive of the Reserve Bank made it quite clear that we can expect more interest rate rises to come, but made little suggestion that real wages will be improving any time soon.
On this episode of What’s the Point?, Richard Denniss explains the goods and services tax.
Australia is set to ban non-compete clauses for workers earning under $190,100, with the government eager to do away with what it describes as “massive productivity and wage killers”.
Santos boss Kevin Gallagher has claimed it’s a 'myth' that Australia gets less from its oil and gas resources than countries such as Norway and Qatar, despite figures showing the two nations reap substantially more public revenue from comparable LNG exports.