Australian wages in real terms are essentially no different from where they were in 2013 - short news
Low wages growth, inflation, price rises and jobseeker are combining to put talk of a strong recovery from the pandemic into context
The latest wage price index figures confirm that when Australians go to the polls this Saturday, their real wages will be lower than at the last federal election. Not only that, but so bad has been the fall that real wages are now essentially no different from what they were when Tony Abbott took office in 2013.
In the latest minutes of the Reserve..
source: The Guardian - 18.05.2022