SYDNEY: Australia’s Prime Minister Malcolm Turnbull is battling for his survival despite overseeing a hiring boom in an economy that just capped its 27th recession-free year.
Turnbull has failed to preserve the political capital he enjoyed after ousting Tony Abbott in 2015, with his latest woes coming from within his own government as a rival readies another challenge for the top job. Even as the economy sails along and inches closer to full employment, something vital has been missing: wages growth.
