Original article by Michael Read, David Marin-Guzman
The Australian Financial Review – Page: 4 : 10-Aug-22

The ACTU has released a policy paper which argues that full and secure employment should be the top macroeconomic priority for the Jobs and Skills Summit. The report was written by Jim Stanford from the Centre for Future Work; he argues that the Reserve Bank’s "whatever it takes" approach to returning inflation to its target range means it is willing to cause a recession and massive job losses in order to do so. The ACTU wants the summit to consider a fairer and more comprehensive inflation-reducing policy, and greater regulation of labour markets to ensure that real wages growth is in line with productivity.

CORPORATES
ACTU, THE AUSTRALIA INSTITUTE LIMITED. CENTRE FOR FUTURE WORK, RESERVE BANK OF AUSTRALIA