The Australian Bureau of Statistics describes a disability as ‘any limitation, restriction or impairment, which has lasted, or is likely to last, for at least six months.’ According to their 2012 Survey of Disability, Ageing and Carers (SDAC), more than four million Australians are affected by a disability. That equates to 18.5% of the population or nearly one in five people living in Australia.
The economics behind the ‘living wage’ debate
Australia has joined the global political trend towards greater wage regulation, with a recent campaign from the ACTU calling for a ‘living wage’. However, examining the predicted effects of such a change would reveal it to be based on misguided beliefs. Conor Yung explains.