Wage expectations remain in the gutter

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By Leith van Onselen

Research by EY Sweeney shows that 38 per cent of Australians do not expect an increase in their income during the next year. Only eight per cent of respondents indicated that they “strongly agreed” that their income will rise in the next 12 months. From The AFR:

The poll of more than 1000 people conducted by EY Sweeney shows… about 38 per cent of Australians don’t believe their income will rise over the next 12 months…

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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.