CANBERRA, ACT, May 13 -- The Treasurer of Australia issued the following media release:
New data released by the ABS today shows that annual nominal wages continue to grow above threepercent under Labor.
We're helping Australians earn more and keep more of what they earn with wages growth and tax cuts for workers and these figures show our polices are making a meaningful difference.
Annual wages are growing by at least threepercent in 14 of 18 industries.
Our predecessors never achieved this, and at best could only achieve threepercent in six industries for one quarter.
Annual wages have now grown above threepercent for 15 consecutive quarters.
This is the longest consecutive streak in more than a decade and a half.
Treasury expects ...