Record corporate profit has seen record low wage growth – » The Australian Independent Media Network

The government is trying to sell us the line that, if businesses make more profit, wages will go up. This flies in the face of all evidence. Corporate profits in Australia rose 6.0 percent quarter-on-quarter to 82.63 AUD billion, an all time high, in the March quarter of 2017 from a 20.1 percent rise…

Source: Record corporate profit has seen record low wage growth – » The Australian Independent Media Network