Mr Albanese was asked on Tuesday whether he would support a wage increase in line with inflation – which currently sits at 5.1 per cent – and he responded by saying: “Absolutely”.
Stream more election news live & on demand with Flash. 25+ news channels in 1 place. New to Flash? Try 1 month free. Offer ends 31 October, 2022 “It would cost jobs, it would drive up prices, it would drive up interest rates and it would make it harder for businesses to employ people and retain people.
The Australian Bureau of Statistics released the quarterly Consumer Price Index figures at the end of April which showed inflation had surged by 5.1 per cent year-on-year, which was a key trigger for the Reserve Bank to raise the cash rate to 0.35 per cent. “Of course people want to see wage increases but they have to be responsible wage increases,” Mr McKellar told Sky News Australia.
I thought they couldn't find enough employees. So it is the lowest paid workers that are at fault and now have to fix inflation. What self serving garbage.
It's going to be a rough decade if Albo gets in, strap yourself in people.
Of course he does, that’s his job to cry poor.Meanwhile has he asked himself how so many companies did very well out of rort keeper which got added to their bottom lines?.. 😂
Well waiting 9 long yrs for that trickle down to deliver has long gone if its good enough for the gov to give corrupt incompetent ministers huge pay rises its more than good enough for the people
Hardly news. Now had AIG supported a wage hike, THAT would be news
Another group whhhho wwwaaaantt the working poor to live in tents. What a disgrace
Blahblah blah. Grow wages. Fix Australia. auspol
Another meaningless statement with the obligatory 'quotes' to make it look official. More bought Sky fantasy.