Marise Payne (NSW, Liberal Party, Minister for Foreign Affairs) Share this | Hansard source

Let me be quite clear. The Governor of the Reserve Bank, Philip Lowe, has said:

The strong employment growth over the past year or so has led to a pick-up in wages growth in the private sector …

And he indicated that real wages grew by 0.7 per cent through the year to the June quarter—above the 20-year average of 0.6 per cent and above the rate of 0.4 per cent through the year of growth when Labor left office.