Business
Wage growth for young Australians is ‘flat’, will be worsened by COVID crisis – NEWS.com.au
Young Aussie incomes are shrinking, as older Australians continue to earn
Young Australians incomes are shrinking, with low employment rates forcing those under 35 to eat through their savings as the incomes of older Australians continue to grow. A new report from the Productivity Commission has shown a higher retirement age and lower starting wages had led to a “lost decade” of wage growth, which experts predict will only worsen as the nation moves through the COVID-19 pandemic.
The report found parents, in an attempt to soften the blow, were transferring more money…
-
General23 hours agoBHP cops $5b value hit on talk of China trade blockade
-
Noosa News21 hours agoDally M Awards 2025 live: Best of the NRL and NRLW honoured in Sydney
-
Noosa News22 hours agoWagga Wagga horse trader pleads not guilty to running an illegal knackery
-
Noosa News23 hours agoWhat keeps a Human Rights Commissioner up at night? – Proctor