The average Australian worker would have earned $10,000 more if real wages had kept pace with productivity since 2013 – the year the Coalition federal government was elected.
The figure was revealed in a new Australian Council of Trade Unions (ACTU) report, released as workers continue to face a cost-of-living crisis.
Real wages are now experiencing their largest decline this century as inflation hits 5.1% while wages are growing at just 2.3%, according to the report released in early May.
