“Appalling” Treasury “wrong” to blame wages for inflation


On Tuesday night, I was interviewed by Sky News host Sharri Markson where I demolished the Australian Treasury’s claim that wage growth was driving Australia’s inflation.

Below are highlights along with key charts backing my claims.

Leith van Onselen:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.