Morrison delivers for foreign corporations: Lowest wage rise on record

Australian workers have received all-time low annual wages rise over the financial year just ended, reports Alan Austin. AUSTRALIA HAD ALWAYS rewarded workers with steady wage increases year on year as industrial cooperation and improving productivity have generated ever-rising company profits. That is, until 2013, when the current Coalition Government came to power. In the eight years since then, wage rises have fallen to a fresh all-time low six times, the latest at an appalling 1.71%, according to last week’s data.

Source: Morrison delivers for foreign corporations: Lowest wage rise on record

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