From Ross Gittins (my favourite economics journalist):
"Wish you had more days off? Well, you could have.
We could be working a 15-hour week, but we’ve chosen to take the money and the extra stuff rather than the extra leisure." #Australia #Economics #leisure #labour #consumerism #StandardOfLiving #RossGittins #society #productivity #work #WorkLifeBalance
12ft | Australian economy: Consumerism and social status keep our noses to the grindstone
https://12ft.io/proxy?&q=https%3A%2F%2Fwww.smh.com.au%2Fbusiness%2Fthe-economy%2Fwish-you-had-more-days-off-well-you-could-have-20230611-p5dfnm.html
#australia #economics #leisure #labour #consumerism #StandardOfLiving #rossgittins #society #productivity #work #worklifebalance
"The lowest-paid quarter of workers, dependent on award wage minimums, get their rises determined annually by the Fair Work Commission – but these are granted in retrospect, not prospect. This July, a handful of them got a rise of 5.2 per cent, but most got 4.6 per cent."
** Excellent analysis by #RossGittins
https://www.smh.com.au/business/the-economy/hey-rba-boomer-things-have-changed-a-lot-since-the-1970s-20221218-p5c78m.html
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