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Old 18-06-2013, 05:50 PM   #59
Road_Warrior
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Default Re: Holden to make major announcement to staff today

Quote:
Originally Posted by fte50 View Post
True, but will the utility companies and all other costs of living also be revised - me thinks not...
Housing affordability.

Think about it, what is one thing that everyone needs apart from food and water? A place to live, be it renting or buying. Housing affordability in Australia is ridiculous, and I’ll bet it has been one of the main drivers in wage growth in Australia over the past 10 years – which coincidentally is also the same period in which house and rental prices have skyrocketed. The growth in utilities costs pale in comparison to median house prices and rentals. WA is by far the worst.

Sure it’s probably not the only factor, but I reckon it is one of the main ones.
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