Governments shouldn't be so hasty in declaring victory on wages policy
- Written by John Wanna, Sir John Bunting Chair of Public Administration, Australian National University
Interestingly, the long term trend in wages policy is that Labor tends to adopt formal policies (as it is now doing) only to see wages fall under its stewardship, while the Coalition, by contrast, tends not to believe in wages policies, although under them wages tend to rise.
This may say something about the efficacy of declaring solutions to our...