Oligarchic public servants big winners in low wage economy

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By Leith van Onselen

I’ve noted over recent months how a wide disconnect has opened up between the pay rises being received by federal politicians and senior bureaucrats compared with the rest of the population.

This disconnect is shown clearly in the most recent wages price data from the ABS, which showed public sector wages growing far more strongly than the private sector:

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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.