Wages rose 2.6 per cent in the year to June - the highest annual increase since September 2014 - but the Treasurer says given the rate of inflation real wages 'are still going backwards substantially'.
The Australian Bureau of Statistics on Wednesday said wages grew by 2.6 per cent in the year to June - the highest annual increase since September 2014 - and 0.7 per cent in the quarter.
Stream more on politics with Flash. 25+ news channels in 1 place. New to Flash? Try 1 month free. Offer ends 31 October, 2022 The jobs and skills summit will be held in Canberra from September 1-2, and is designed at bringing business, unions and industry together. "We want to make sure that we're filling labour and skills shortages around the country, we want to make sure that we're investing in the industries which will create more of those secure well paying jobs into the future."
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