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Wage growth

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It’s been a week of a federal election heavily dominated by world politics. Here’s what Adam Bandt, Peter Dutton and Anthony Albanese have been saying, and if it’s true.

Exaggerations from Albanese, Dutton lost in Trump’s tariff blitz

We take a look at the prime minister’s claim Dutton wanted to end bulk-billing and the Coalition’s claim grocery prices are up 30 per cent under Labor.

  • Bronte Gossling

Latest

Australian workers will be free to change jobs for a pay rise more easily under an Albanese government proposal to ban non-compete agreements that prevent staff defecting to other employers or starting their own business.

The fine print that makes it easier to quit your job – and earn more money

Up to 3 million workers will be free to change jobs under a government proposal to ban non-compete agreements that prevent staff defecting to other employers.

  • Nick Bonyhady
Treasurer Jim Chalmers.

The Chalmers offensive: Media blitz after rate cut hints at more cost-of-living relief

The government is keeping the possibility of further cost of living measures on the table as the latest data showed wages growing at the slowest rate in nearly three years.

  • Shane Wright and Millie Muroi
Reserve Bank governor Michele Bullock addresses the media on Tuesday.

Bullock follows rate cut with a bucket of cold water

Yes, the Reserve Bank has finally cut rates. But the economy is really struggling. And it is still propped up by government spending.

  • Shane Wright
RBA inflation jobs

Surprise 3.9 per cent unemployment rate erodes rate cut chance

Anthony Albanese is hoping for interest rate cuts before the 2025 election. But a strong jobs market makes a rate cut decision tougher for the RBA.

  • Shane Wright and Millie Muroi
Economists have expressed concern about Donald Trump’s tariff and mass deportation plans.

Reserve Bank ‘stands ready’ for Trump economic fallout

Economists are worried about the tariff plans of incoming US President Donald Trump. The Reserve Bank says it’s ready to deal with turmoil.

  • Shane Wright
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Public service wages 

The multibillion-dollar question: How much more Labor is spending on wages

As high-stakes pay negotiations continue with nurses and rail workers, Treasurer Daniel Mookhey has defended extra spending on public servants.

  • Matt Wade and Max Maddison
Wall Street retreated on Tuesday as the Trump trade lost steam.

ASX slides as ‘Trump trade’ peters out on Wall Street; miners, banks fall

The Australian sharemarket remained in the red throughout the day on Wednesday, marking the index’s third consecutive day trading lower.

  • Hannah Hammoud
Real wages have climbed at the fastest pace since September 2020.

Real wages are growing at highest rate since 2020. But it’s unlikely to last

After years of wage rises lagging behind inflation, they rose more than inflation in the year to September – but wage increases have already started to slow.

  • Shane Wright and Millie Muroi
Striking nurses gather in Hyde Park in September.

Nurses attack premier’s ‘offensive’ stance on pay after police win big

Premier Chris Minns says the demand for a 15 per cent, one-year pay rise is unfeasible unless other savings were found.

  • Max Maddison and Angus Thomson

Original URL: https://www.brisbanetimes.com.au/topic/wage-growth-1mo4