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A Fairfax Media survey of 25 economists, released over the weekend, has revealed that the majority believe Australians are facing a prolonged period – maybe three to four years – whereby wages growth will struggle to match inflation:
A majority of those surveyed – 21 out of 25 – believed Australia was entering, or had already entered, a period of low or zero real wage growth…
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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