Why Do We Have Record Low Wage Growth in Australia?
We have record low wage growth in Australia because governments have been enacting this outcome via policies specifically designed to achieve this. The Fraser and Howard governments in the 1970s and 1990s ramped up the pressure by banning industrial action by unions and attacking their membership through non-union agreements. Unions were made out to be the bad guys in continuous attacks on their character in the public eye. The Abbott and Turnbull governments created anti-union organisations like the Australian Building and Construction Commission and the Registered Organisations Commission. Coalition governments have over several decades broken the effective power and influence of the union movement. Why do we have record low wage growth in Australia? Conservatively minded government policies have designed it this way.
economics
