If Prime Minister Anthony Albanese really wants to boost wage growth, there’s a simple way to do it.
And if he did that one simple thing, analysis prepared for The Conversation shows some of our most trusted but least well-paid workers – teachers and nurses – could be among the wage winners.
During the election campaign, the Labor leader made a public push for wages growth. He held aloft a $1 coin and said that’s what his government would be asking for: a boost in the minimum wage from $20.33 an hour to $21.36, which would lift it 5.1%, which was the inflation rate at the time.