More on Treasury’s wage inflation lies

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After my demolition job Tuesday night on Sky News, I used Thursday’s Treasury of Common Sense on Radio 2GB to expose the Australian Treasury’s lies that wage growth is driving inflation.

Edited Transcript:

What the Treasury is trying to argue is that since the June quarter of last year, Australia’s inflation has been driven by wage growth.

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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.