Oz Blog News Commentary

Ian Harper shreds ‘wage-inflation spiral’ scaremongering

June 29, 2022 - 12:00 -- Admin

Professor Ian Harper from the University of Melbourne has downplayed the prospect of across-the-board pay rises or a ‘wage-price spiral’ in the wake of the increase in the minimum wage. Harper, who was the inaugural chairman of the Australian Fair Pay Commission, says employers no longer face the 1970s-style indexing of pay to the consumer

The post Ian Harper shreds ‘wage-inflation spiral’ scaremongering appeared first on MacroBusiness.

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