Senate debates

Thursday, 6 November 2025

Questions without Notice

Wages and Salaries

2:13 pm

Photo of Dave SharmaDave Sharma (NSW, Liberal Party, Shadow Assistant Minister for Competition, Charities and Treasury) Share this | Hansard source

Minister, the RBA now expects headline inflation to soar to 3.7 per cent and remain high across 2026. At the same time, the RBA is predicting wage growth of 3 per cent by mid-2026. With inflation rising to 3.7 per cent and wage growth rising only 3 per cent, what do you say to the millions of Australians whose purchasing power will fall next year?

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