Behold, once again, Scott Morrison’s Budget fantasy that Australian wages growth will miraculously boom over the next four years to levels not seen since the once-in-a-century mining investment and commodity price boom (forecast in green):
Last night, Scott Morrison defended the Budget’s wages unicorn in a speech given to the Australian Industry Group, claiming the company tax cut, the end of the mining boom, and increased infrastructure investment will send wages growth surging. From The AFR: