The ABC’sIan Verrender is the latest to jump on the low wages theme, arguing that it is a symptom of failed globalisation:
If you want to understand why the developed world is in such upheaval, and why politics has become so volatile, this graph of Australian wages explains it all.
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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.
