Original article by David Uren
The Australian – Page: 1 & 2 : 18-Sep-18

Labour market economist Mark Wooden says that Australia has recorded 31 per cent growth in wages over the last decade, while inflation has increased by just 22 per cent over this period. The director of the Household, Income and Labour Dynamics Australia survey notes that the cost of living has not increased significantly in the last year, with big rises in the cost of petrol and electricity being offset by lower prices for some consumer goods. Professor Wooden adds that the HILDA data shows that income inequality has eased slightly in recent years. The HILDA survey is conducted by the University of Melbourne with interviewing conducted by Roy Morgan.

CORPORATES
UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH, ROY MORGAN LIMITED