The level of employer concentration in some of Australia's labour markets is so high that powerful employers are suppressing workers' wages. Key points: The impact on wages paid by dominant employers is getting worse in Australia A Treasury paper suggests employer dominance suppressed wages in the years before the pandemic Weaker bargaining power among workers is also impacting wages growth …
India’s macro-economic prospects look far better now than they did just a few months ago. This period of stability in oil prices has come after OPEC reached a deal to increase oil production by 400,000 barrels per day until the pre-pandemic levels are restored. Sentiment has been boosted as U.S. government data showed oil inventories at the nation’s key storage …