Economist warns Bill Shorten against 'overpromising' on wages auspol
Opposition Leader Bill Shorten's promise to deliver a "living wage" is a risky political play that aims to capture swinging voters and fails to address poverty, a leading economist has warned.
Despite selling the policy as a "sensible, measured, consultative" move that would "consult the experts and get everyone around the table", the Labor leader faced an immediate backlash from employers, who argue it will damage businesses and subvert the commission's independence. "When I hear Bill Shorten talking about wages, I worry about what the average punter is thinking," he said.
And he questioned how Labor could deliver on its promise to boost low-paid workers' pay without upending the established system of wage relativities.
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