1 00:00:00,120 --> 00:00:02,640 Speaker 1: Good morning and welcome to the Daily Ours. It's Tuesday, 2 00:00:02,680 --> 00:00:05,840 Speaker 1: the seventeenth of May. As with every day this week, 3 00:00:05,880 --> 00:00:08,360 Speaker 1: today I'm going to be joined by Tom Crowley, journo 4 00:00:08,480 --> 00:00:10,479 Speaker 1: at the Daily Ohs, and we're going to be talking 5 00:00:10,600 --> 00:00:14,239 Speaker 1: about wages and wage growth. It's an important one, not 6 00:00:14,280 --> 00:00:16,200 Speaker 1: always the easiest to get your head around those, so 7 00:00:16,280 --> 00:00:18,799 Speaker 1: he is here to take us through it. Before we 8 00:00:18,840 --> 00:00:21,320 Speaker 1: get to that, though, Sam take us through the headlines 9 00:00:21,360 --> 00:00:21,840 Speaker 1: of the day. 10 00:00:23,079 --> 00:00:27,680 Speaker 2: The talk yesterday was dominated by the Coalition's new housing plan. 11 00:00:27,840 --> 00:00:31,680 Speaker 2: Superannuation Minister Jane Hume said the coalition's plan to allow 12 00:00:31,720 --> 00:00:35,280 Speaker 2: people to access their Super Dubai first home could see 13 00:00:35,320 --> 00:00:38,200 Speaker 2: a bump in house prices in the short term. Prime 14 00:00:38,200 --> 00:00:40,840 Speaker 2: Minister Scott Morrison said a rise in housing costs would 15 00:00:40,840 --> 00:00:44,560 Speaker 2: be offset by the Coalition's plan to incentivize older Australians 16 00:00:44,800 --> 00:00:46,120 Speaker 2: to downsize their homes. 17 00:00:46,760 --> 00:00:50,559 Speaker 1: The Australian Electoral Commission has found signs depicting Senate candidate 18 00:00:50,680 --> 00:00:54,720 Speaker 1: David Pocock and Waaringa MP Zalie Stegl as Green candidates 19 00:00:54,840 --> 00:00:58,319 Speaker 1: are in breach of federal electoral laws. The signs were 20 00:00:58,360 --> 00:01:01,160 Speaker 1: authorized by conservative political group Advance. 21 00:01:00,880 --> 00:01:05,800 Speaker 2: Australia meanwhile to Ukraine now and the UK's Ministry of 22 00:01:05,880 --> 00:01:08,920 Speaker 2: Defense has said it estimates Russia has lost around a 23 00:01:09,040 --> 00:01:12,160 Speaker 2: third of the ground forces it deployed to Ukraine. In 24 00:01:12,200 --> 00:01:16,119 Speaker 2: an intelligence update, the ministry said Russia's Donbas offensive has 25 00:01:16,200 --> 00:01:20,319 Speaker 2: lost momentum and fallen significantly behind schedule, and it added 26 00:01:20,319 --> 00:01:24,160 Speaker 2: that under existing conditions, Russia would be unlikely to accelerate 27 00:01:24,240 --> 00:01:25,520 Speaker 2: its rate of advancement. 28 00:01:26,240 --> 00:01:29,960 Speaker 1: To good News Now and the International Rhino Foundation has 29 00:01:30,000 --> 00:01:34,480 Speaker 1: announced the threatened Greater one horned rhino population has reached 30 00:01:34,520 --> 00:01:37,280 Speaker 1: a new high. According to a bi annial survey. There 31 00:01:37,280 --> 00:01:39,600 Speaker 1: are now over four thousand of these rhinos, with the 32 00:01:39,600 --> 00:01:47,720 Speaker 1: majority in India. All right, Tom, another day, Another explanation 33 00:01:48,200 --> 00:01:52,320 Speaker 1: courtesy of the Judith Nielsen Institute for Journalism and Ideas. 34 00:01:52,720 --> 00:01:55,080 Speaker 3: What are we talking about today? And Sarah, it's good 35 00:01:55,080 --> 00:01:57,880 Speaker 3: to be back. Been a whole twenty four hours. I know, 36 00:01:58,080 --> 00:02:02,320 Speaker 3: I know. Today we're talking about wages, which has become 37 00:02:02,360 --> 00:02:04,200 Speaker 3: one of these sort of big flash points really in 38 00:02:04,240 --> 00:02:06,840 Speaker 3: the last sort of week or so of the campaign. 39 00:02:07,160 --> 00:02:09,440 Speaker 3: Something we've been talking about for a while. But I 40 00:02:09,440 --> 00:02:11,520 Speaker 3: think it's fair to say the issue of why wages 41 00:02:11,520 --> 00:02:13,800 Speaker 3: aren't growing and how that relates to the problem of 42 00:02:14,120 --> 00:02:17,840 Speaker 3: prices and cost of living. The inflation problem is becoming 43 00:02:17,840 --> 00:02:20,240 Speaker 3: a really, really big question, and we're going to tackle 44 00:02:20,280 --> 00:02:20,680 Speaker 3: it today. 45 00:02:21,080 --> 00:02:23,680 Speaker 1: Okay, So when we were talking before this episode, you 46 00:02:23,720 --> 00:02:25,400 Speaker 1: were saying that you think this one will go a 47 00:02:25,400 --> 00:02:29,079 Speaker 1: bit differently because it's not necessarily going into the weeds 48 00:02:29,120 --> 00:02:31,760 Speaker 1: of the policies of both of the major parties, but 49 00:02:31,800 --> 00:02:35,679 Speaker 1: more about how the problem of wage stagnation is being 50 00:02:35,720 --> 00:02:38,600 Speaker 1: positioned by both of the major parties. So can you 51 00:02:38,680 --> 00:02:41,960 Speaker 1: just go through firstly what the actual problem is. 52 00:02:42,800 --> 00:02:45,640 Speaker 3: Yeah, so you're right. Maybe i'll expand just a little 53 00:02:45,680 --> 00:02:47,720 Speaker 3: bit on what I mean by that. So yesterday when 54 00:02:47,720 --> 00:02:50,720 Speaker 3: we were talking about climate I think you even asked 55 00:02:50,720 --> 00:02:52,920 Speaker 3: me to explain what carbon capture was, and we were 56 00:02:52,919 --> 00:02:55,240 Speaker 3: getting right into the weeds, as you need to with 57 00:02:55,320 --> 00:02:58,680 Speaker 3: that kind of issue on exactly what the parties are proposing. 58 00:02:59,200 --> 00:03:01,640 Speaker 3: When it comes to the sort of big picture questions 59 00:03:01,680 --> 00:03:04,160 Speaker 3: like how a wage is growing across the whole economy 60 00:03:04,200 --> 00:03:07,400 Speaker 3: and how price is changing across the whole economy, one 61 00:03:07,480 --> 00:03:09,799 Speaker 3: of the most important things for the government to do 62 00:03:10,120 --> 00:03:12,880 Speaker 3: is to take what we call a macro perspective, Like 63 00:03:12,919 --> 00:03:14,960 Speaker 3: I guess kind of like a bird's eye view and 64 00:03:15,000 --> 00:03:17,480 Speaker 3: to have a general comment because you know, the government 65 00:03:17,600 --> 00:03:19,880 Speaker 3: is a huge player in the economy, spends a lot 66 00:03:19,880 --> 00:03:22,160 Speaker 3: of money, taxes a lot of money, pulls a lot 67 00:03:22,160 --> 00:03:25,079 Speaker 3: of levers that affect our day to day lives and 68 00:03:25,400 --> 00:03:28,880 Speaker 3: in general our kind of prosperity. And so what we're 69 00:03:28,880 --> 00:03:31,480 Speaker 3: really going to talk more about today once once I 70 00:03:31,560 --> 00:03:34,800 Speaker 3: diagnose this problem is the way that the parties are 71 00:03:34,880 --> 00:03:37,440 Speaker 3: thinking about this problem and the way that you know, 72 00:03:37,760 --> 00:03:40,400 Speaker 3: just what their words are suggesting about where their thoughts are. 73 00:03:40,680 --> 00:03:43,600 Speaker 1: Okay, so Dr Crowley diagnose the problem. 74 00:03:45,080 --> 00:03:48,480 Speaker 3: So we've got two problems really are the wages problem 75 00:03:48,480 --> 00:03:51,720 Speaker 3: and the inflation problem. The wages problem has been around 76 00:03:51,760 --> 00:03:54,320 Speaker 3: for more than a decade, and the problem is that 77 00:03:54,320 --> 00:03:57,040 Speaker 3: they're not going anywhere, or in fact, when you kind 78 00:03:57,040 --> 00:04:00,280 Speaker 3: of take into account cost of living, they're going backwards. 79 00:04:00,360 --> 00:04:02,800 Speaker 3: Real living standards for people who earn wages have gone 80 00:04:02,800 --> 00:04:06,760 Speaker 3: backwards really since the global financial crisis in two thousand 81 00:04:06,800 --> 00:04:09,760 Speaker 3: and eight. There are sort of lights of different views 82 00:04:09,800 --> 00:04:13,760 Speaker 3: about why that is. In general, without again I promise 83 00:04:13,840 --> 00:04:16,000 Speaker 3: not to get into the weeds, but the general view 84 00:04:16,080 --> 00:04:19,080 Speaker 3: is from that global financial crisis, we didn't kind of 85 00:04:19,120 --> 00:04:21,920 Speaker 3: recover fully enough to get wages growing again in the 86 00:04:21,960 --> 00:04:25,679 Speaker 3: way they should, but then also taking a longer historical picture, 87 00:04:26,040 --> 00:04:28,440 Speaker 3: there's an argument that when the economy has been growing, 88 00:04:28,520 --> 00:04:31,600 Speaker 3: you know, the idea I guess that keeps the wheels 89 00:04:31,600 --> 00:04:33,919 Speaker 3: of the economy greasing is that when there's growth, it 90 00:04:33,960 --> 00:04:37,719 Speaker 3: gets shared between businesses and between workers. That workers have 91 00:04:37,760 --> 00:04:40,760 Speaker 3: been getting and declining share of the growth that we've 92 00:04:40,760 --> 00:04:42,800 Speaker 3: been having, and so they're sort of not enjoying the 93 00:04:42,839 --> 00:04:44,920 Speaker 3: dividends of the growth that we've had over the last 94 00:04:44,960 --> 00:04:46,960 Speaker 3: sort of ten years or so, not getting their slice 95 00:04:46,960 --> 00:04:49,080 Speaker 3: of the pie, maybe use one way of putting it. 96 00:04:49,400 --> 00:04:51,440 Speaker 3: They're sort of a couple of different explanations, but the 97 00:04:51,440 --> 00:04:53,760 Speaker 3: problem is pretty obvious. It has been you know, a 98 00:04:53,800 --> 00:04:56,520 Speaker 3: decade we're living standards, as I say, have kind of 99 00:04:56,560 --> 00:05:00,359 Speaker 3: gone backwards. Then come up against this crisis that we'reperiencing 100 00:05:00,440 --> 00:05:03,479 Speaker 3: in the short term, this inflation problem. That's something we've 101 00:05:03,480 --> 00:05:05,760 Speaker 3: talked about on the POT a whole lot. It's caused 102 00:05:05,760 --> 00:05:09,400 Speaker 3: by you know, the war in Russia and Ukraine pandemic. 103 00:05:09,480 --> 00:05:12,080 Speaker 3: There are a lot of kind of global currents that 104 00:05:12,120 --> 00:05:14,640 Speaker 3: have been pushing the price of things up, and that's 105 00:05:14,640 --> 00:05:17,000 Speaker 3: making the cost of living harder to bear, but it 106 00:05:17,080 --> 00:05:20,839 Speaker 3: also has this sort of risk of taking on life 107 00:05:20,839 --> 00:05:23,359 Speaker 3: of its own. Inflation is this kind of it's a 108 00:05:23,360 --> 00:05:25,760 Speaker 3: bit of a mysterious beast in economics and something that 109 00:05:25,760 --> 00:05:28,520 Speaker 3: it's fair to say we don't always understand properly. But 110 00:05:28,680 --> 00:05:31,520 Speaker 3: what we see all over the world and throughout history 111 00:05:31,720 --> 00:05:33,599 Speaker 3: is that you know, when you sort of get this 112 00:05:33,720 --> 00:05:36,760 Speaker 3: shock and prices start rising, that if you're not careful, 113 00:05:36,800 --> 00:05:38,640 Speaker 3: they can kind of keep rising and you get this 114 00:05:38,680 --> 00:05:41,760 Speaker 3: sort of spiral, and that's really bad because it erodes 115 00:05:41,800 --> 00:05:43,520 Speaker 3: away the cost of living. So again, the same people 116 00:05:43,560 --> 00:05:46,839 Speaker 3: who kind of suffer from stagnant wages would suffer again 117 00:05:46,839 --> 00:05:49,440 Speaker 3: from this, and it just creates a whole lot of uncertainty. 118 00:05:49,440 --> 00:05:51,159 Speaker 3: There are a lot of costs of that, and so 119 00:05:51,200 --> 00:05:54,400 Speaker 3: we've kind of got those two problems, and I guess 120 00:05:54,400 --> 00:05:56,960 Speaker 3: to put those two pieces together, it's a bit awkward 121 00:05:56,960 --> 00:05:59,120 Speaker 3: because they're pulling in the other direction, Like wages haven't 122 00:05:59,120 --> 00:06:01,640 Speaker 3: gone anywhere. What we really need, and what people on 123 00:06:01,960 --> 00:06:05,440 Speaker 3: minimum wage really need right now, is higher wages, especially 124 00:06:05,480 --> 00:06:08,360 Speaker 3: when the cost of living is going up. But where 125 00:06:08,440 --> 00:06:10,680 Speaker 3: it really becomes a problem is you give a lot 126 00:06:10,680 --> 00:06:13,320 Speaker 3: of people higher wages. They've got more money to spend. 127 00:06:13,640 --> 00:06:15,920 Speaker 3: More money to spend puts even more pressure on prices, 128 00:06:16,000 --> 00:06:17,360 Speaker 3: and so then you've got to worry about whether you're 129 00:06:17,400 --> 00:06:19,840 Speaker 3: pushing inflation up. I'll stop it there before I risk 130 00:06:19,839 --> 00:06:22,240 Speaker 3: gett kind of hideously complicated. But you've got these sort 131 00:06:22,279 --> 00:06:25,000 Speaker 3: of you know, it's a really difficult challenge and there 132 00:06:25,040 --> 00:06:27,560 Speaker 3: are no easy answers to weighe through. But yeah, you've 133 00:06:27,560 --> 00:06:30,240 Speaker 3: got this problem of wages haven't gone nowhere. But then 134 00:06:30,440 --> 00:06:34,679 Speaker 3: we're worried about prices, and solving one problem creates maybe 135 00:06:34,680 --> 00:06:36,839 Speaker 3: a greater problem on the other side of the scale. 136 00:06:37,040 --> 00:06:41,320 Speaker 1: Okay, And last week we heard one of the potential 137 00:06:41,360 --> 00:06:44,680 Speaker 1: prime ministers to come suggest an answer to that problem, 138 00:06:45,120 --> 00:06:48,479 Speaker 1: and as a result, Anthony Albanezi was described by Scott 139 00:06:48,520 --> 00:06:52,280 Speaker 1: Morrison as a loose unit, which haven't heard that term 140 00:06:52,320 --> 00:06:52,960 Speaker 1: in a while. 141 00:06:53,160 --> 00:06:54,920 Speaker 3: Described as a loose unit. All the times are. 142 00:06:56,320 --> 00:06:59,640 Speaker 1: Speak what is labor proposing to do about the fact 143 00:06:59,680 --> 00:07:01,200 Speaker 1: that we are not growing? 144 00:07:01,480 --> 00:07:04,479 Speaker 3: Yeah, so this was kind of a significant moment in 145 00:07:04,600 --> 00:07:08,000 Speaker 3: the campaign. So it's funny because the thing that Anthony 146 00:07:08,040 --> 00:07:11,320 Speaker 3: Elbanezi was asked about isn't actually something that the government 147 00:07:11,360 --> 00:07:14,680 Speaker 3: directly has control over. So he was asked, should the 148 00:07:14,680 --> 00:07:18,920 Speaker 3: minimum wage increase by the same amount as inflation to 149 00:07:19,000 --> 00:07:21,440 Speaker 3: keep up with inflation? Now, that's actually a decision, as 150 00:07:21,560 --> 00:07:25,640 Speaker 3: Anthony Albanezi recognizes, for what's called the Fair Work Commission, 151 00:07:25,640 --> 00:07:28,280 Speaker 3: which is a government body, but it operates independently of 152 00:07:28,320 --> 00:07:31,720 Speaker 3: politicians and it makes decisions on what happens to wages, 153 00:07:31,760 --> 00:07:35,040 Speaker 3: and politicians can and do express views on that, and 154 00:07:35,160 --> 00:07:38,120 Speaker 3: business groups and unions can and do express views on that. 155 00:07:38,160 --> 00:07:41,880 Speaker 3: It's ultimately the Fair Work Commission's call. Anthony Albanizi was asked, 156 00:07:41,960 --> 00:07:45,080 Speaker 3: you know, would he support this sort of increase the 157 00:07:45,120 --> 00:07:48,280 Speaker 3: same size as inflation, and he said yes, and then 158 00:07:48,320 --> 00:07:49,960 Speaker 3: that kicked off kind of what I think is probably 159 00:07:50,000 --> 00:07:52,120 Speaker 3: one of the sharpest disagreements that we've had on just 160 00:07:52,160 --> 00:07:55,040 Speaker 3: about any issue in the campaign, because Scott Morrison promptly 161 00:07:55,040 --> 00:07:57,400 Speaker 3: came out and said that while he thought that some 162 00:07:57,560 --> 00:08:01,040 Speaker 3: increase in the minimum wage was worthwhile, that increasing it 163 00:08:01,120 --> 00:08:03,480 Speaker 3: by that march and giving that much extra money to 164 00:08:03,480 --> 00:08:06,680 Speaker 3: minimum wage journals would increase inflation. And it's set up 165 00:08:06,720 --> 00:08:08,480 Speaker 3: and it really came to a head in the Leader's 166 00:08:08,480 --> 00:08:11,600 Speaker 3: debate on Channel seven last week, where the first question 167 00:08:11,720 --> 00:08:14,200 Speaker 3: was about this issue, and I guess what you saw 168 00:08:14,920 --> 00:08:18,680 Speaker 3: was Anthony Elbanezi wanting to talk specifically about the wages 169 00:08:18,760 --> 00:08:21,680 Speaker 3: end of the problem and Scott Morrison wanting to talk 170 00:08:21,720 --> 00:08:24,200 Speaker 3: specifically about the inflation end of the problem. Now, I've 171 00:08:24,240 --> 00:08:26,400 Speaker 3: just sort of done my best to explain how you 172 00:08:26,440 --> 00:08:28,840 Speaker 3: can't just focus on one of those problems. They're related, 173 00:08:28,880 --> 00:08:31,560 Speaker 3: and in fact they're pulling each other in opposite directions. 174 00:08:31,600 --> 00:08:34,360 Speaker 3: And so I think that, frankly, what's been missing a 175 00:08:34,360 --> 00:08:37,120 Speaker 3: little bit from the discussion is the nuance and exactly 176 00:08:37,160 --> 00:08:40,160 Speaker 3: how either of the leaders are proposing to navigate kind 177 00:08:40,200 --> 00:08:43,280 Speaker 3: of both of those problems. But it did really reveal 178 00:08:43,320 --> 00:08:45,920 Speaker 3: this sort of sharp difference in emphasis between the two leaders. 179 00:08:46,640 --> 00:08:49,439 Speaker 1: So when Anthony Abernez he was talking about that growth 180 00:08:49,440 --> 00:08:52,280 Speaker 1: he wanted to see, it was specifically about minimum wage. 181 00:08:52,720 --> 00:08:55,640 Speaker 1: If we zoom out and look at wages more generally, 182 00:08:55,679 --> 00:08:57,600 Speaker 1: where's that debate and discussion up to. 183 00:08:58,280 --> 00:09:00,480 Speaker 3: Yeah, So again I guess i'll speak into of the 184 00:09:00,600 --> 00:09:03,839 Speaker 3: general positioning of the two leaders. I think it's fair 185 00:09:03,880 --> 00:09:07,719 Speaker 3: to say that across a number of areas Anthony Albanezi 186 00:09:07,960 --> 00:09:10,720 Speaker 3: is talking up he wants to see wages growing in 187 00:09:10,720 --> 00:09:13,640 Speaker 3: a whole range of different areas, some of which the 188 00:09:13,640 --> 00:09:16,120 Speaker 3: government controls, I mean, some of which you know, he's 189 00:09:16,160 --> 00:09:18,360 Speaker 3: just sort of offering a view. So one of the 190 00:09:18,360 --> 00:09:21,200 Speaker 3: ones where he's just offering a view is aged care pay. 191 00:09:21,400 --> 00:09:24,480 Speaker 3: There's a case before the Fair Work Commission currently for 192 00:09:24,520 --> 00:09:27,520 Speaker 3: an increase age care workers, and Anthony Alberanisi has said 193 00:09:27,559 --> 00:09:30,800 Speaker 3: that he would support an increase. Then when it comes 194 00:09:30,880 --> 00:09:34,000 Speaker 3: to kind of the Fair Work Commission itself, Labour's proposing 195 00:09:34,000 --> 00:09:35,880 Speaker 3: a number of different sort of changes to the low 196 00:09:35,960 --> 00:09:39,720 Speaker 3: to improve paying conditions for gig workers, to tighten up 197 00:09:39,720 --> 00:09:42,920 Speaker 3: the definition of casual workers, to allow the Fair Work 198 00:09:42,920 --> 00:09:46,480 Speaker 3: Commission to kind of pursue pay increases in female dominated 199 00:09:46,520 --> 00:09:48,959 Speaker 3: industries that have historically been undervalued. So there are a 200 00:09:49,000 --> 00:09:51,680 Speaker 3: number of changes there where Labor is kind of talking 201 00:09:51,679 --> 00:09:54,079 Speaker 3: a lot about the need for wages to start growing again. 202 00:09:54,640 --> 00:09:57,240 Speaker 3: On the other hand, I think Scott Morrison's way of 203 00:09:57,280 --> 00:09:59,600 Speaker 3: talking about it has been guess in a sense that 204 00:09:59,600 --> 00:10:03,640 Speaker 3: the government doesn't need to have a specific wages policy. 205 00:10:03,920 --> 00:10:06,320 Speaker 3: And I don't mean that in terms of not doing anything, 206 00:10:06,400 --> 00:10:09,040 Speaker 3: but the view that if you look after the health 207 00:10:09,040 --> 00:10:11,600 Speaker 3: of the economy, that the wages will start to grow 208 00:10:11,720 --> 00:10:14,679 Speaker 3: themselves and so it is kind of generally thought by 209 00:10:14,679 --> 00:10:18,720 Speaker 3: economists that when unemployment gets really really low, in other words, 210 00:10:19,080 --> 00:10:21,679 Speaker 3: just about everybody is in a job, that's something that 211 00:10:21,720 --> 00:10:24,200 Speaker 3: pushes wages up because I guess when you think about it, 212 00:10:24,480 --> 00:10:26,040 Speaker 3: if you're a business that wants to hire someone, there 213 00:10:26,040 --> 00:10:28,520 Speaker 3: aren't many people left to hire because I've all got jobs, 214 00:10:28,679 --> 00:10:30,640 Speaker 3: and so you've got to start paying people a little 215 00:10:30,640 --> 00:10:33,720 Speaker 3: bit more if you want to attract workers. Scott Morrison saying, well, 216 00:10:33,800 --> 00:10:36,120 Speaker 3: unemployment is the lowest level it's been since two thousand 217 00:10:36,120 --> 00:10:38,800 Speaker 3: and eight, and that's true, and even underemployment, which is 218 00:10:38,840 --> 00:10:40,400 Speaker 3: you know, people who don't have enough work, that's the 219 00:10:40,440 --> 00:10:42,440 Speaker 3: lowest level it's been at since two thousand and eight. 220 00:10:42,480 --> 00:10:45,000 Speaker 3: And so he says, you know that's going to start 221 00:10:45,040 --> 00:10:46,840 Speaker 3: to grow wages again, and that what we need to 222 00:10:46,880 --> 00:10:49,840 Speaker 3: do is ensure that the economy continues to stay healthy, 223 00:10:49,880 --> 00:10:51,800 Speaker 3: and that, I guess is part of his focus on 224 00:10:52,040 --> 00:10:55,199 Speaker 3: the consequences of inflation, so that I think is kind 225 00:10:55,200 --> 00:10:58,040 Speaker 3: of the main difference between the two. And again, I 226 00:10:58,040 --> 00:10:59,760 Speaker 3: guess I've stuck to my promise of not getting too 227 00:10:59,840 --> 00:11:03,120 Speaker 3: much into specific policies because it really is more about 228 00:11:03,320 --> 00:11:05,480 Speaker 3: just the language that they're using in the way that 229 00:11:05,520 --> 00:11:07,320 Speaker 3: it suggests they're thinking about this problem. 230 00:11:07,400 --> 00:11:10,840 Speaker 1: Have we heard anything from Green's leader Adam Bandt about 231 00:11:10,960 --> 00:11:13,680 Speaker 1: what the Greens think about wage growth? 232 00:11:13,880 --> 00:11:16,120 Speaker 3: We have, So the Greens, as they are on a 233 00:11:16,160 --> 00:11:19,760 Speaker 3: number of issues, are probably sort of further down the 234 00:11:19,800 --> 00:11:23,199 Speaker 3: progressive end of things than labor. The Greens have called 235 00:11:23,200 --> 00:11:27,240 Speaker 3: for a large increase in minimum wage selves. They've also 236 00:11:27,480 --> 00:11:30,520 Speaker 3: sort of called to increase the wages of people that 237 00:11:30,600 --> 00:11:32,600 Speaker 3: the government pays the wages of in what we call 238 00:11:32,640 --> 00:11:34,839 Speaker 3: a public sector. And there are a number of other 239 00:11:34,920 --> 00:11:36,760 Speaker 3: kind of measures. I mean. The other one that's sort 240 00:11:36,760 --> 00:11:39,800 Speaker 3: of not been mentioned at all by either major party, 241 00:11:40,240 --> 00:11:42,520 Speaker 3: which it's not about wages as such, but it's kind 242 00:11:42,520 --> 00:11:44,679 Speaker 3: of related, is the question of welfare and how much 243 00:11:44,720 --> 00:11:46,360 Speaker 3: money you get when you don't have a job, And 244 00:11:46,400 --> 00:11:50,120 Speaker 3: the Greens are committing to increase job seeker to eighty 245 00:11:50,120 --> 00:11:53,280 Speaker 3: eight dollars a day, which would be above the poverty line. 246 00:11:53,280 --> 00:11:55,199 Speaker 3: It's currently I think in the forties a day. I 247 00:11:55,200 --> 00:11:57,320 Speaker 3: think it might be forty six dollars a day. Neither 248 00:11:57,360 --> 00:11:59,520 Speaker 3: major party has a policy to do that, so that's 249 00:11:59,520 --> 00:12:01,080 Speaker 3: another kind key point of difference. 250 00:12:01,679 --> 00:12:04,280 Speaker 1: Love it, Tom Crowley, Thank you for joining us on 251 00:12:04,320 --> 00:12:07,720 Speaker 1: another episode of The Daily Oz. Looking very forward to 252 00:12:07,720 --> 00:12:09,720 Speaker 1: tomorrow's episode won't ruin what it is 253 00:12:09,800 --> 00:12:13,880 Speaker 3: About looking very forwards, but we'll see you then.