Wages growth remains at a record low and the cost of living is rising faster than wages.
Source: Flickr RF
Figures from the Bureau of Statistics show wages rose by half a per cent in the March quarter, to be at 1.9 per cent for the year. And with inflation at 2.1 per cent, the cost of living is now rising faster than the take-home pay of many Australians. Public sector wages are growing faster than those in the private sector. And nationwide, Western Australia recorded the lowest wages growth, with Tasmania the highest
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