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Why real wages in Australia have fallen while they’ve risen in most other OECD countries

  • Written by The Conversation

Australia is now in the same league as Lithuania, Estonia and Hungary when it comes to cutting real pay, according to a new OECD report.

These are the only countries where cuts in real pay – pay adjusted for inflation – have been more severe for low-paid workers than those on higher salaries.

The OECD’s latest Employment Outlook...

Read more: Why real wages in Australia have fallen while they’ve risen in most other OECD countries

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