The article explores the disconnect between Australia's productivity growth and stagnant real wages over the past three decades.Research from the Centre for Policy Development (CPD) and the Australia Institute reveals that despite 11% productivity growth between 2012-2022, real wages remained flat.

The piece argues that corporate profits, not workers, are capturing the benefits of productivity gains, with large corporations using their market power to suppress wage growth.

It criticizes institutions like the Productivity Commission and the Reserve Bank for failing to address systemic issues, such as the concentration of market power among big firms and the role of corporate profits in driving inflation.The author highlights how unchecked corporate greed has left ordinary workers behind, while businesses reap the rewards of economic growth.The article calls for a reevaluation of economic policies to ensure productivity gains benefit all Australians, not just corporations.