Scott Morrison’s quaint faith in failed ‘trickle down’ economics

Wednesday 6 September 2017

Apparently, Australian workers don’t deserve a pay rise until corporations take an even bigger slice of the nation’s income. Oh yeah, and they need a tax cut too! From News.com.au:

[Morrison] did acknowledge wage growth would be constrained until company profits and productivity increased.

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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.