Unions need to argue wage rises drive growth, says Swan

Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 26-Jun-17

Former federal treasurer Wayne Swan says the Australian Labor Party and the union movement need to better argue the case for improved wages for middle-class workers. Swan will tell the annual ACTU congress that he fears that the Australian middle-class will become like the fast-disappearing US middle-class if wages do not rise. Swan’s comments follow those recently made by Reserve Bank governor Philip Lowe, who said employees need to be more forceful when it comes to asking for wage rises.

CORPORATES
AUSTRALIAN LABOR PARTY, ACTU, RESERVE BANK OF AUSTRALIA, DEMOCRATIC PARTY (UNITED STATES)

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