The answer is in the graph: unemployment and wages growth

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Guardian Australia's Greg Jericho looks at the tumultuous relationship between the unemployment rate and wages growth
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Never understood why they needed to drive toward surplus, that just triggers an increase in personal debt, yes?
So a government surplus hits the voter in the pocket? If that's the case LNP should have just told everyone prior to Abbott being elected that their goal was to reduce living standards.

charmainefollett
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This is the phillips curve yes? I think you mean INFLATION not real wage growth

someones