Wages growth in Australia was lower than expected prior to COVID-19 based on historical determinants. One possible … options for workers and lowered their bargaining power and wages. This paper examines concentration in Australian labour … markets and its impacts on wages using a large and representative database derived from administrative tax data. Labour …

Wages for the vast majority of workers have stagnated since the 1980s while productivity has grown. We investigate two … own workers to pay lower wages; and 2. Monopoly, where dominant firms charge too high prices for what they sell, which … lowers production and the demand for labor, and hence equilibrium wages economy-wide. Using establishment data from the US …