"How much have real wages risen under the ALP? Oh they went backwards .....
At least under the previous govts wages did actually rise"
From the ABS stats, I compiled the following graph, which shows real wage inflation (i.e., wage growth less inflation) under various government terms in office:
The key take-aways from the data are self-explanatory, but its standout features are the:
1.) unambiguous success of the Howard era in terms of delivering real wage growth,
and
2.) pickle that the Albanese government finds itself, a full two years into its term. (Little wonder the PM has convened caucus... those rather large bars below the x-axis tell a pretty sobering story).
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