Show me the money sign wage growth

Frydenberg Spruiks Lower Taxes and Higher Wages

Lower taxes. Higher wages.

What’s not to like?

Federal Treasurer Josh Frydenberg’s vow to ‘drive wages higher’ while keeping the pressure on for additional tax cuts is sure to resonate with voters. And that, of course, is his intention as he addressed the wage-lag that’s shaping up as a key battleground with Labor.

What you need to do to drive higher wages is more trade, more infrastructure and keep the focus on lower taxes,’ Mr Frydenberg said.

Leading up to the 2 April budget he assured voters that there would be financial relief without the dreaded hike of taxes, AAP reports.

It is going to be a pro-growth agenda and a pro-growth budget and it’s going to do that without increasing taxes’, he added.

Free Report: The unexpected driving factor behind Australia’s ‘miracle’ economy. Download now.

Labor calling for increase in minimum wage

The lack of income growth would be an important issue at the federal election, according to Opposition Leader Bill Shorten.

Labor called for a ‘substantial’ increase in the minimum wage in a submission lodged with the Fair Work Commission’s annual wage review.

Which backs its push for a ‘living wage’.

Shorten told reporters in Devonport, that ‘Wages have stagnated, that’s why I think Labor’s bigger, better tax cuts for working people will resonate well’.

Treasurer Frydenberg is tackling concerns of slow income growth in his upcoming clash with labour over the cost of living.

Free Report: Phil Anderson reveals a virtually unknown, monarchy inspired income stream that he believes could financially benefit every tax paying Aussie citizen for the next 100 years.

The Australian Tribune Editorial

The Australian Tribune Editorial

The Australian Tribune is an unorthodox news service. Your Australian Tribune editorial team deliver the unfiltered stories that could impact your daily life — political and economic stories you’re unlikely to get anywhere else. And we’re not afraid to step on some toes to do it. We are honest, conservative and never dull. We are an independent service, meaning we don’t answer to shareholders or outside advertisers. This helps avoid conflicts of interest that inhibit mainstream sources, which keeps our voice independent. The Australian Tribune is owned and operated by Port Phillip Publishing.
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