Claims that minimum wage rise risks ‘runaway’ inflation bogus

The war over wages has become central to public debate in the lead-up to the Federal Election, with Albanese advocating real wages could rise alongside productivity growth, writes Graham White. THERE IS something depressing about the current debate over lifting the minimum wage. Apparently, the only way we can see the economy as functioning properly, … Read more

Investment in research boon for Australian economy: universities peak body

CANBERRA, April 27 (Xinhua) — Australia’s peak higher education body has called for greater investment in university research and development to boost the country’s economy. In a submission to the Productivity Commission on Tuesday, Universities Australia (UA) claimed that a 1 percent boost to higher education research and development from the federal government would grow … Read more