Public servants are the lucky ones

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By Leith van Onselen

While being a worker in Australia these days generally sucks, owing to falling real wages growth, there is one segment that is faring better than most: Australia’s public servants.

As shown in the ABS’ wages price series below, public servants wages grew by 2.6% in the 2015 calendar year, well above the private sector, where wages grew by only 2.0%:

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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.