CANBERRA, ACT, Aug. 13 -- The Treasurer of Australia issued the following media release:
New data released by the Australian Bureau of Statistics shows that annual real wages have now grown for seven consecutive quarters under the Albanese Labor Government.
We've recorded the strongest annual real wages growth in fiveyears and the longest run of real wages growth above 0.7percent in a decade, according to today's figures.
Real wages were falling sharpy under the Liberals, but today's figures confirm they are growing strongly again under Labor.
Growth in real wages helps workers with the cost of living and helps them get ahead.
The wage price index grew 0.8percent in the June quarter 2025, to be 3.4percent higher through the year.
Real...