We're about to pay the price for lazy policy with inflation

Simon Cowan
June 18 2022 - 5:30am
The big problem for those trying to protect workers against falls in real income is that such a fall is almost an inevitable consequence of combating inflation. Picture: Shutterstock

The Fair Work Commission (FWC) wage decision - and the government's response to it - clearly demonstrate that senior policymakers do not yet appreciate the potential dangers of Australia's recent inflation spike.

Simon Cowan

Simon Cowan

Canberra Times columnist

Simon Cowan is research director at the Centre for Independent Studies and a regular columnist for The Canberra Times.