View Single Post
Old 04-08-2018, 01:29 AM   #712
.:4:.
Kicking back
 
Join Date: Dec 2013
Location: Western sydney
Posts: 8,390
Default Re: Australia housing bubble

Quote:
Originally Posted by prydey View Post
nice one.

I was meaning more in general terms though, just quoting your comment for reference. wage growth is barely alive.

a lot of industries, and especially smaller businesses, just don't have the ability to increase wages and continue to remain viable. that's just the reality of the situation. I work in an industry that is getting crippled by the digital age. its just the way it is. at least I have a job.
You are correct when it comes to wage growth being stagnant. I don't know how the current cpi is doing but I remember a few years back the cpi was going backwards. I haven't had a cpi increase for years. I work for a small company and I have been there for 12 years. Currently there is a mass exodus of staff, which has happened a few times, but I have learnt if I stick out the hard times I always end up better off.
.:4:. is online now   Reply With Quote
2 users like this post: