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Real wages go backwards as petrol prices skyrocket



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RICHARD MARLES MP

DEPUTY LEADER OF THE AUSTRALIAN LABOR PARTY SHADOW MINISTER FOR NATIONAL RECONSTRUCTION, EMPLOYMENT, SKILLS AND SMALL BUSINESS SHADOW MINISTER FOR SCIENCE

MEMBER FOR CORIO

TONY BURKE MP

SHADOW MINISTER FOR INDUSTRIAL RELATIONS SHADOW MINISTER FOR THE ARTS MANAGER OF OPPOSITION BUSINESS MEMBER FOR WATSON

JIM CHALMERS MP SHADOW TREASURER MEMBER FOR RANKIN

REAL WAGES GO BACKWARDS AS PETROL PRICES SKYROCKET

Today’s new ABS data has shown once again that real wages are going backwards, leaving Australian working families struggling to put petrol in the car and food on the table.

While the cost of living, as measured by the Consumer Price Index, rose by 3.0 per cent this year, wages have firmly lagged behind on 2.2 per cent.

Tragically, it’s the frontline workers who kept Australia afloat during the pandemic that are being left behind, with wages for healthcare workers and transport and postal workers falling below the national rate, at just 1.9 per cent and 1.7 per cent.

As other expenses rise, including food and petrol, families right across the country will be forced to make difficult decisions about what they must go without as the cost of living continues to outstrip wages.

Over the last 18 months workers and businesses have repeatedly paid the price for Scott Morrison’s failures on pandemic leadership, vaccines, quarantine and cutting JobKeeper.

This is a Government whose own Budget reveals real wages will, incredibly, go

backwards over the next four years - and yet it still does nothing.

Australians are being forced to work harder for less, and Scott Morrison and this Liberal and National Government are to blame.

WEDNESDAY, 17 NOVEMBER 2021

MEDIA CONTACTS: KATE HANNS (MARLES) 0423 974 363 ADAM GARTRELL (BURKE) 0427 008 525 BRETT MASON (CHALMERS) 0419 239 811