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.
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.
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