Posted inBanks & Finance

Understanding the Decline in Real Wages: What Benefits Do Aboriginals Get in Australia?

In recent years, Australia has experienced a concerning trend where real wages (adjusted for inflation) have fallen even as they have risen in most other OECD countries. And according to the OECD’s Employment Outlook 2024 Australia’s real wages are 4.8% lower than pre-pandemic levels while across the OECD real wages on average have risen by […]