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What’s missing from the pay debate

What’s missing from the pay debate

The best way to increase real wages in a sustainable way is productivity reform but hardly anyone is talking seriously about it.

John KehoeEconomics editor

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No matter who wins the election next weekend, a battle over wages is looming as cost of living pressures bite.

Labor leader Anthony Albanese offered a simplistic solution this week, when he stumbled into agreeing that the minimum wage should rise in line with inflation – a sizeable 5.1 per cent.

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John Kehoe
John KehoeEconomics editorJohn Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com

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Original URL: https://www.afr.com/link/follow-20180101-p5akbz