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ABC News
ABC News
National
political correspondent Brett Worthington

Extra billions flowing into budget but real wages not tipped to grow for another year

Workers will have to wait another year before their wages outstrip the rising cost of living, according to Treasury forecasts to be released next week. 

Treasurer Jim Chalmers will hand down his second budget on Tuesday, in which Treasury will predict an earlier-than-expected end to falling real wages.

Real wage growth is when the growth in wages outpaces inflation, something most Australians haven't experienced in years.

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