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Bill Mitchell – The working poor are still poor in Australia

Summary:
Today, we have a guest blogger in the guise of Professor Scott Baum from Griffith University who has been one of my regular research colleagues over a long period of time. Today, he is writing about the impact the recent decision by the Fair work Commission – Annual Wage Review 2020-21 – on June 16, 2021, which raised the National minimum Wage in Australia to 2.60 per week or .33 per hour....Bill Mitchell – billy blogThe working poor are still poor in AustraliaScott Baum, Professor of Urban and Regional Analysis, School of Environment and the Cities Research Institute, Griffith University

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Today, we have a guest blogger in the guise of Professor Scott Baum from Griffith University who has been one of my regular research colleagues over a long period of time. Today, he is writing about the impact the recent decision by the Fair work Commission – Annual Wage Review 2020-21 – on June 16, 2021, which raised the National minimum Wage in Australia to $772.60 per week or $20.33 per hour....
Bill Mitchell – billy blog
The working poor are still poor in Australia
Scott Baum, Professor of Urban and Regional Analysis, School of Environment and the Cities Research Institute, Griffith University
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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