Charting the politics of fear

Irrational joy at the carbon tax repeal recalls two-and-a-half decades’ worth of fear and wrath over industrial relations shifts, which data shows have actually changed nothing.

Today Business Spectator can exclusively bring you two of the most boring charts you will ever see – the almost straight-line growth in hourly pay and total weekly earnings for Australian workers in the past two decades.

What these ... yawn ... charts show is the dramatic lack of impact on wages or weekly earnings of three major rounds of industrial relations reforms.

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