i don’t look at the inflation rate as a direct comparison for my pay rate because for example if education goes up that’s no impact on me, diesel prices doubling and tripling has had no impact on me (i drive an ev), electricity price rises have no impact as i have solar and solar battery, I live a pretty frugal life to a degree
Productivity has grown, so why have wages not kept up?
Has it?
But its main concern was decade-long stagnation, driven by complex factors now under further review by the Productivity Commission.
https://www.abc.net.au/news/2025-05-28/productivity-commission-growth-report/105336036
afaik productivity has been stalled for ages
the construction sector, one of the most well compensated sectors if not these most well compensated has been going backwards for years