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Coalition to rein in public servant wages

Monday, 16 November 2020

The COVID-19 pandemic has shone a bright light on the disparity in private and public sector wages.

According to the latest wage price index from the ABS, private sector wage growth plummeted to a record low 0.1% in the June quarter, versus 0.6% growth across the public sector:

In the year to June 2020, private sector wages grew by a record low 1.7%, well below the public sector’s 2.1%:

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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.