Weekend Wrap 18th September 2022: RBA admits lack of worker power undermining wages and bosses profiteering

"The Week on Wednesday" with Van Badham & Ben Davison

Ben Davison makes the Weekend Wrap a "royal funeral free" zone and focuses on Insider's short coverage on the Reserve Bank's appearance at the parliamentary committee and the state of Australia's economy.

The RBA admits that a lack of worker power has made wage cuts and profiteering possible while CEO's and executives claim huge increases for their own pay increases. Meanwhile the bosses pamphlet (the Australian Financial Review) claims offshoring jobs will magically increase local wages, lottery tickets for aged care workers will relieve staff shortages and that insecure work isn't a problem but is a good thing!

Ben looks at the explosion in multiple jobs and how Australian's are now in a worse place than American workers and how California is moving ahead with multi-employer bargaining to improve worker wages.

As Australian workers, in union, continue to push to improve wages and conditions by changing the policy settings so if you want better wages and conditions join australianunions.org.au/wow