Tony Burke
He said Lowe’s comments had been taken out of context, because Lowe also said he wanted to bring inflation back to between 2 and 3% – which would put wage growth, at 3.5%, ahead of inflation. Burke said Australia was not currently in a wage spiral because real wages are not rising, and he criticised economists who say Australia cannot afford wage increases with inflation heading to 7%. Real wages needed to rise, he said.
Asked which workplaces might have the highest wage growth, he said it would be those with the highest union density.
Dutton 🤣🤣🤣
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