The release of the 2022 first quarter inflation data has confirmed the worst real pay cut for working people this century.
New data shows that the average worker will receive a real pay cut of nearly $2,000 in the first half of this year, nearly four times more than the Morrison Government projected in the budget less than a month ago.
This cut only piles onto the stress of the average worker whose wages went backwards by $800 last year.
We have already heard workers share their stories of having to put shopping back on the shelves when they see the numbers at the checkout and going into debt to pay for necessities.
But instead of taking simple steps to solve the problem, Morrison has refused to support real pay rises and has pushed more people into unreliable jobs. He is even promising to reintroduce proposed law changes that would give big business even more power to cut wages.
Moments when Morrison went missing on struggling workers
Workers are now facing some of the steepest rises in everyday costs we’ve seen in decades.
Many dreams of owning a house have been bitterly disappointed with the largest rise of housing prices in more than 20 years.
If you need your car to get around, the latest figures spell out bad news. It’s now more than 10% extra you’ll have to pay at the till compared to the end of last year.
Even having proper nutrition in your diet has become a lot harder. Vegetable and meat prices have climbed more steeply than fuel with a hike of more than 12%.
The Morrison Government could have prevented workers from having to face these daily anxieties. But this is the legacy of Scott Morrison and the Liberal Government.
The legacy of almost a decade of coalition Governments refusing to do anything to generate wage growth for working people. If the trends under Morrison continue, workers could be nearly $4,000 worse off by the end of this year.
Australian workers deserve a government that will stand up for their interests and fight for wage growth, not one that makes empty promises and sits by while their wages go backwards.
Will you join with thousands of other union members and supporters to take the pledge to vote to change this Morrison Government?
It’s common sense that if there is no change of government, cost-of-living will get worse, wages will continue to stagnate and go down, and jobs will become less reliable and less secure.
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Morrison Government outperforms its own poor predictions at a $2000 cost to workers