Growth in wages is pretty piss poor in Australia. And the sad reality is that real wage growth has hit a negative in 2017. Check out the graph below.
As you can see, since 2013, wage growth has been pretty poor even though inflation has been minimal.
Not sure whether there is an answer to wage growth improving.
Thegoat has completed a Bachelor of Business degree with a Major in Finance and a SubMajor in Management. He is also a Candidate in the CFA program (Level 2). Has a keen interest in Economics, Corporate Finance, IT and Sustainable Enterprise