OECD

Wage growth for workers is at an all-time low while the cost of living for ordinary people is steadily rising. Sue Bolton argues only way to lift wages is if unions go on the offensive and build confidence among workers to take industrial action — legal or illegal.

 

Prime Minister Malcolm Turnbull is the highest-paid leader in the entire Organisation for Economic Co-operation and Development (OECD), according to a recent report.

Analysis by market research group IG also showed Turnbull earns up to 10 times the average Australian wage — the second-highest disparity with the majority of ordinary workers among OECD countries.

Federal Treasurer Scott Morrison says inequality in Australia is falling, and accuses Labor of pursuing a dishonest campaign based on the "politics of envy". Morrison claims Opposition Leader Bill Shorten's statement that inequality has reached a 75-year high is a "lie".

The United Nations Climate Change Conference will take place in Paris between November 30 and December 11. By the time it starts, 2015 is almost certain to have beaten last year as the warmest year ever. This August has now been confirmed as the hottest August since records began in 1880. Other months this year that broke records were February, March, May, June and July.
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