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NATIONAL ACCOUNTS SHOW WAGES GROWTH WEAK UNDER MORRISON

March 06, 2019


Today’s National Accounts figures show real wages continue to go backwards under the Abbott-Turnbull-Morrison government.

Everything is going up except for wages. With average compensation per employee growing at 1.7 per cent over the year and profits growing at 11 per cent, it is clear the gap between wages and profits is widening.

With insecure work increasing and more than a million Australians underemployed, it is no wonder wages are weak.

As Treasurer and now Prime Minister, Scott Morrison has presided over the lowest wages growth since records began, and yet he wants to further cut the wages of hard working Australians by getting rid of their penalty rates.

This Government doesn’t have a single policy to grow wages and reduce inequality.

Australians deserve a pay rise – and they aren’t getting one under Scott Morrison and his Liberals.

WE'LL PUT PEOPLE FIRST