Need to get ‘inflation down’ to raise real wages

Judo Bank Economic Adviser Warren Hogan says wages will go up but to have real wages increase we need to get “inflation down”.

Treasurer Jim Chalmers has warned the cost of living crisis will last for at least two years but will not tip Australia into a recession.

Mr Hogan said the “forecast isn’t that confronting” from what Mr Chalmers presented, with what he believes will be a “soft landing” for the economy.

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