Australia is experiencing negative wage growth in 20 years

Image by chris s from Pixabay

Australia experienced negative wage growth in 2021, according to a new report done by The McKell Institute.

The report found out Australians experienced a wage cut of 2.1 per cent, following a sustained period of low wage growth since 2013.

The average worker would have earned an extra $307 per week if the rate of wage growth from 2007 to 2013 had been maintained through 2014 onwards.

The most affected states are Queensland and Western Australia.

(Visited 16 times, 1 visits today)
Download Audio

The Wire is produced in partnership by

Contributor Stations

Supporters and Program Distribution