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Business and Money

Don't blame Australia's lowest-paid workers if interest rates rise again

  • Written by David Peetz, Laurie Carmichael Distinguished Research Fellow at the Centre for Future Work, and Professor Emeritus, Griffith Business School, Griffith University
Don't blame Australia's lowest-paid workers if interest rates rise againShutterstock

The odds have been shortening on the Reserve Bank of Australia lifting interest again, and Australia’s workers are again being blamed for driving inflation.

Harvey Norman chairman and executive director Gerry Harvey is one of the business leaders flamboyantly warning higher wages will lead businesses to cut staff numbers or...

Read more: Don't blame Australia's lowest-paid workers if interest rates rise again

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