All this is the incompetent government looking for scapegoats....

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    All this is the incompetent government looking for scapegoats. They were warned by the RBA and almost all economists that giving out pay rise without productivity improvement would led to inflation. They did not listen.

    the economics illiterate chalmers wis even celebrating a few days ago that wages increase by 4%. The problem was that came without productivity growth meaning inflation want up by 6% and every Australian actually got real wage decrease of 2%. Which was exactly what the RBA and economist predicted. The incompetent government is now doubling down and giving even more power to the unions to make Australia even more inefficient. Watch our real wage decrease again next year.
 
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