{"id":340907,"date":"2025-12-11T04:28:13","date_gmt":"2025-12-11T04:28:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/340907\/"},"modified":"2025-12-11T04:28:13","modified_gmt":"2025-12-11T04:28:13","slug":"australias-treasurer-of-propaganda-macrobusiness","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/340907\/","title":{"rendered":"Australia&#8217;s Treasurer of propaganda &#8211; MacroBusiness"},"content":{"rendered":"<p>Australia\u2019s Treasurer of propaganda, \u201cSpin\u201d Jim Chalmers, can\u2019t stop spreading misinformation about the state of the economy.<\/p>\n<p>A few weeks back, Spin Jim claimed that Labor had delivered\u00a0the \u201clongest period of consecutive real wage growth in almost a decade\u201d following eight consecutive quarters of annual real wage growth:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/12\/Jim-Chalmers-wage-lies.png\" width=\"660\" height=\"374\" alt=\"Jim Chalmers wage lies\"\/><\/p>\n<p>Spin Jim\u2019s brag came despite a 0.5% decline in real wages in the third quarter of 2025, with wages now tracking at mid-2011 levels. Australian real wages have only improved by 1.1% from their low in the March quarter of 2023.<\/p>\n<p>Advertisement<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/12\/Australian-real-wages.png\" width=\"625\" height=\"472\" decoding=\"async\" loading=\"lazy\" alt=\"Australian real wages\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Australia\u2019s Treasurer of propaganda, \u201cSpin\u201d Jim Chalmers, can\u2019t stop spreading misinformation about the state of the economy. A&hellip;\n","protected":false},"author":2,"featured_media":340908,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-340907","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/340907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=340907"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/340907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/340908"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=340907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=340907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=340907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}