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Wage growth

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Treasurer Jim Chalmers

Why cost-of-living woes will probably linger for years

It’s simplistic to say we’re all going backwards, but this decade’s inflation has dealt a hefty blow to our spending power. There is, however, a path to sustainable wage growth.

  • Clancy Yeates

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Treasurer Jim Chalmers addressed a higher-than-expected inflation rate.

Chalmers admits wage growth at risk with rate rise on cards

The December inflation figures showed prices increased by a full percentage point, taking the annual rate to 3.8 per cent. Chalmers admitted it was “higher than anyone would like”.

  • Brittany Busch
Premier David Crisafulli and Minister for women Fiona Simpson at the launch of the Women’s Career Grants program.

Out-of-work women urged to apply for $20m in grants

Women can apply for up to $5000 to support their return-to-work efforts, with the first grants to target those who have been unemployed for more than six months.

  • Courtney Kruk
Many workers have been stung by non-compete clauses in their employment contracts.

‘Less like Monopoly, more like Lego’: Labor’s plan to scrap lock-in contracts

Everyone from yoga instructors to laundromat workers are finding their work contracts contain non-compete clauses, described as agreements people would expect “Cold War spies” to sign.

  • Shane Wright
Australian workers have been robbed of $500,000 by the slowdown in productivity over the past 25 years, according to former Treasury head Ken Henry.

Australians robbed of half a million dollars each: Henry

Anthony Albanese is holding a three-day talkfest next month to find ways to lift productivity levels. Ken Henry says poor productivity has already cost Australians $500,000.

  • Shane Wright and Mike Foley
Governor Michele Bullock is expected by all of the nation’s biggest banks to announce an interest rate cut next week.

We didn’t get that rate relief, but Australia remains the lucky country

By several measures Australia is sitting in a sweet spot relative to many – if not most – other countries.

  • Elizabeth Knight
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State school teachers protest outside the office of Education Minister Ben Carroll in Niddrie last month.

State school teachers demand 35 per cent pay rise, smaller classes, reduced workload

The cash-strapped and debt-laden state government is about to be hit with big wage claim by underpaid and fired-up public school teachers.

  • Noel Towell
Prime Minister Anthony Albanese will soon be paid more than Donald Trump.

The PM just got a pay rise. Here’s how his salary compares to Trump and other leaders

Despite his salary increasing, Anthony Albanese is outranked by some senior Australian office holders, but he is still among the best-paid world leaders.

  • Millie Muroi

I have good news and bad about your superannuation

Workers are about to get a bump in their super contributions. But it may come at the expense of the pay rise they didn’t get.

  • Ross Gittins
A lack of housing is helping house prices to continue to rise as buyers compete.

The locations where houses make more money than their owners

In a two-speed housing market, some home owners made higher paper capital gains over the past year compared to their salary.

  • Melissa Heagney-Bayliss