Strong wage growth used to be the norm
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Last month, Treasurer Jim Chalmers spruiked on Twitter (X) that Labor had delivered Australians the strongest wage growth in 15 years:

Jim Chalmers propaganda poster plastered over Twitter
This was followed by Prime Minister Anthony Albanese, who told the National Press Club last week that “just as we promised Australians – wages are moving again… Wages are growing at their fastest rate in almost 15 years”.
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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.