Budget shows real wages expected to start growing early next year and promises effort to 'shift the needle' in disadvantaged communities
- Written by: Michelle Grattan, Professorial Fellow, University of Canberra
Real wages are expected to start growing slightly earlier and grow more strongly than previously forecast, according to the latest Treasury estimates.
Higher forecasts for wage growth and lower forecasts for inflation in 2023-24 than in the last budget are expected to bring forward the return for real wages growth to early 2024. In the October...
