Business News

Proof positive. Real wages are shrinking, Wednesday's figures put it beyond doubt

Written by Jim Stanford, Economist and Director, Centre for Future Work, Australia Institute; Honorary Professor of Political Economy, University of Sydney

Shutterstock/The Conversation

Every three months the Bureau of Statistics releases the lesser-known cousin of the consumer price index. It’s called the Wage Price Index (WPI) and it records changes in the overall level of wages, in the same way the price index records changes in the overall level of consumer prices.

Rarely does it generate...

Worker exploitation can hide in plain sight. Here’s how to ensure an ethical summer holiday
If they haven’t already, many Australians will soon head off for summer holidays. But behind every smooth check-in, coc…
In a world of digital money, what’s the right etiquette to split the bill with friends?
Vitaly Gariev/UnsplashWe’ve all been there – splitting a bill at dinner, covering a mate’s coffee, or sendi…
‘Weights of gold in bullion’: how the ancients invested in precious metals
Sailko, CC BY-SA 3.0, CC BY“All I want is an income of 20,000 sesterces from secure investments”, proclaims a cha…
Deep in holiday debt? How to start repaying overdue credit and buy now, pay later bills
Christmas lunch is over, all the presents are unwrapped. Now comes the hard part: paying for it all.If you’re in that p…
Can you ‘live long and prosper’ by learning economics from Star Trek? Or is that ‘highly illogical’?
It might seem worlds away from the Earth we know. But can Star Trek teach us anything about the economics of our own society?…
Can you return gifts without a receipt or packaging? A legal expert explains
Yan Krukau/Pexels, CC BYYou’ve been given an ugly t-shirt and a book you’ve already read. But if you don’t …

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
In the dynamic world of real estate, commercial properties hold a pivotal position. They represent not only a significant financial asset but also a crucial business investment. When contemplating the…

Tech join forces to take on flood catastrophic impacts
Brisbane Tech Startups Codafication and FloodMapp join forces to assist the process of insurance claims in Australia’s biggest claim in history March 2022, Australia – Two Brisbane tech start-ups Codafication and FloodMapp…
HR Solutions For The Modern Restaurant Business
Restaurant businesses of all sizes can benefit from streamlined human resources management practices. From hiring and onboarding new employees to tracking employee time off and performance reviews, having an HR…
Self-employed Australians not achieving their full business potential due to lack of mentoring
New research by RedZed, a leading loan specialist for the self-employed, has revealed that only 1 in 5 self-employed Australians currently have a mentor and nearly half have never had…

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Proof positive. Real wages are shrinking, Wednesday's figures put it beyond doubt

Worker exploitation can hide in plain sight. Here’s how to ensure an ethical summer holiday

In a world of digital money, what’s the right etiquette to split the bill with friends?

‘Weights of gold in bullion’: how the ancients invested in precious metals

Deep in holiday debt? How to start repaying overdue credit and buy now, pay later bills

Can you ‘live long and prosper’ by learning economics from Star Trek? Or is that ‘highly illogical’?

Can you return gifts without a receipt or packaging? A legal expert explains

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Tech join forces to take on flood catastrophic impacts

HR Solutions For The Modern Restaurant Business

Self-employed Australians not achieving their full business potential due to lack of mentoring

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

RogersDigital.com Announces the Launch of TheBulletin.au, a Destination for Business, Policy and Financial Insight

Controlling business spend is helping finance leaders to forecast with confidence

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security