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AAP
AAP
Politics
Andrew Brown

Short-term wage growth unlikely: Chalmers

Jim Chalmers Inflation Federal Budget
Jim Chalmers says housing will be a key focus of the Albanese government's first economic blueprint. (Lukas Coch/AAP PHOTOS) (AAP)

Treasurer Jim Chalmers has admitted wages are unlikely to keep up with inflation in the short term, warning of tough economic times ahead for Australians.

As official inflation rose a point over the quarter to 6.1 per cent, Dr Chalmers said it would likely get higher in coming months.

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