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Articles from Peter Martin

Low wage rises have become routine. Here's why

December 14, 2017 - 08:03 -- Admin

An entire year without a pay rise? Prepare for another one, next year.

Wage rises used to be an annual phenomenon. The Bureau of Statistics says on average we got one every year. But since 2012 the length of time between them has almost doubled. The average has become once every 1.75 years. For every person that gets a wage rise more often than that, there will be someone who gets one less often.

Better than the Olympics. The economic benefits of same sex marriage

December 10, 2017 - 19:41 -- Admin

How on earth could same-sex marriage deliver 10 years' worth of economic benefits? And why on earth do 18 of Australia's leading economists expect it to?

The experts were surveyed this week by the Economic Society of Australia. Thirty answered this question: "Will changing the law to allow same-sex couples to marry generate net economic benefits for the nation as a whole over the next 10 years?"

Eighteen thought it would. Only seven thought it would not.

By award. 'Fair work' gives women less than men

December 4, 2017 - 09:04 -- Admin

The Fair Work Commission is itself responsible for much of the gap between male and female wages, a landmark study has found.

The typical wage gap is 18 per cent, much of it due to decisions by employers paying men and women above the minimum wage. But a substantial gap – up to 10 per cent – is due to the minimum wage itself, which varies for different occupations and years of experience.

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