Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 2GB account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 2GB content and other benefits.


Joining is free and easy.

You will soon need to register to keep streaming 2GB online. Register an account or skip for now to do it later.

Advertisement
Advertisement
Advertisement

Business Council addresses ‘biggest handbrake on wages’

Article image for Business Council addresses ‘biggest handbrake on wages’

The Business Council of Australia says there needs to be a focus on productivity to drive wages.

Labor’s first budget in almost a decade forecasts real wages will not start to grow until 2024, when unemployment is tipped to have increased 1 per cent to 4.5 per cent.

Business Council of Australia CEO Jennifer Westacott told Ben Fordham the October budget is a good one for this period in time.

“What matters now is the budget in May … it has to be about getting the economy cracking.

“Our productivity is at a 60-year low – that’s the biggest handbrake on wages.”

Press PLAY below to hear the full interview

 

Image: Getty

Ben Fordham
Advertisement