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Showing 1 - 10 of 86 results for "real wages"

Wealth levels triple for middle Australia: SMC

ELIZA BAVIN  |  TUESDAY, 24 MAR 2026
... retirees, to $740 per week on average in 2022, compared to $340 in 2002, in wage adjusted terms. Even with sluggish real wages growth in recent years, capital growth through super helped working Australians build wealth, the report found. From 1996 to ...

Chalmers flags pension, super spending in Budget update

ELIZA BAVIN  |  TUESDAY, 16 DEC 2025
... at us, the mid-year update will highlight Australia's enviable combination of low unemployment, high participation, real wages growth and an economy and private sector that are strengthening," Chalmers said. "Responsible economic management is a defining ...

IMF tells Chalmers to curb spending

ELIZA BAVIN  |  FRIDAY, 21 NOV 2025
... was positive for the outlook for the economy. "Under Labor, inflation is around a third of its peak, debt is down, real wages are growing, unemployment is low, we've overseen the creation of more than 1.2 million jobs and interest rates have already ...

Economic growth has 'moderated': CommSec

ELIZA BAVIN  |  MONDAY, 28 JUL 2025
... Australia's states and territories is being supported by a combination of slowing inflation, falling interest rates, rising real wages, robust government spending and a solid labour market. "But economic growth has moderated, held back by slowing public ...

Minimum wage to rise 3.5%

JAMIE WILLIAMSON  |  TUESDAY, 3 JUN 2025
... Wage Review decisions, the Fair Work Commission has repeatedly deferred taking any action to reverse this decline in real wages out of a concern that this might result in the persistence of higher inflation," the Fair Work Commission said. "The result ...

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... respond to that? Are they going to do what they did in the last couple of years - hike up interest rates and see people's real wages fall? How often can you do that? What are the implications for the broader economy if that's the go to plan." Overall ...

The productivity bubble has burst: Productivity Commission

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... make the economy more dynamic and efficient can deliver big economic dividends and add up to major improvements in real wages and living standards over time," he said. "... policymakers need to keep productivity front-of-mind," he said. Treasurer Jim ...

Chalmers defends budget deficits in MYEFO

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... soft landing, and you can see that in any of the economic indicators. The economy is growing, inflation is moderating, real wages and real incomes are growing, unemployment is low - one million jobs have been created - participation is at record highs," ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... strengthen in the second half helped by rate cuts. "Australian growth is likely to edge up to 1.8% helped by rising real wages, tax cuts & rate cuts and this should see profit growth return," Oliver said. "Fourthly, if recession does occur it's likely ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... Commission deputy chair Alex Robson said. "Increasing productivity is still the surest path to sustainable increases in real wages and higher living standards." The report noted that while our overall productivity performance has reverted to pre-pandemic ...
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