Opinion

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

Simon Cowan
By Simon Cowan
June 17 2022 - 7:30pm
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.

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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.