Economists and advocacy groups have seized on the Morrison government’s objection to lifting minimum wages by the inflation rate, noting benefits such as pensions are tied to how consumer prices change.
The prime minister, Scott Morrison, blasted comments by the Labor leader, Anthony Albanese, on Wednesday that he would “absolutely” support wages keeping pace with prices. That call was “incredibly reckless”, Morrison said, adding that wage increases of 5%-plus were “like throwing fuel on the fire of rising interest rates and rising costs of living”.