Real wages have fallen again and Australians are worse off. Your pay is not keeping up with the cost of living, which means households are going backwards.
Families are already stretched by higher mortgages, power bills and groceries, yet government spending is sitting at 40-year highs outside the pandemic while inflation remains above the Reserve Bank's target.
When government spending fuels inflation, interest rates stay higher for longer and working Australians are left to foot the bill.
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