Australian National Minimum Wage versus Median Income


Australian National Minimum Wage versus Median Income

Interesting graph from Matt Cowgill. I’m unclear whether we should expect anything other than this when you consider the economic growth in this country over the past 15 years. I don’t know if you put down the relative flattening of the last 5 years to the Labor Governments or the general global economic uncertainty since the GFC.

I’ll leave both questions to the economists to explain.

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