A new report from the Australian Council of Trade Unions (ACTU) claims that a 10.3% increase in workers’ productivity since the Coalition government won office in 2013 has not been reflected in wages growth.
The peak union body says the average worker would have been $10,000 better off if real wages had kept pace with productivity under the Coalition. It contends that the Coalition has deliberately suppressed wages via its policies, including the promotion of insecure work, allowing wage theft, and using legal loopholes to circumvent enterprise bargaining agreements.
Below is the summary the report with some key charts added:
