Two years to go before wages rise

Workers will be waiting for a lift in real wages for two more years after the Albanese government’s first budget warned inflation would outstrip pay growth until 2024/25. Treasury predictions in the 2022/23 budget see the tight labour market pushing wages growth to 3.75 per cent in 2022/23 and 2023/24, before falling to 3.25 per […]

This post was originally published on Michael West.