{"id":411602,"date":"2026-01-14T05:16:15","date_gmt":"2026-01-14T05:16:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/411602\/"},"modified":"2026-01-14T05:16:15","modified_gmt":"2026-01-14T05:16:15","slug":"aussie-real-wages-plunge-lower","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/411602\/","title":{"rendered":"Aussie real wages plunge lower"},"content":{"rendered":"<p>Recall the recent boast of Australia\u2019s Treasurer of propaganda, \u201cSpin\u201d Jim Chalmers, claiming that\u00a0Labor 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\/11\/Jim-Chalmers-wage-lies.png\" width=\"660\" height=\"374\" alt=\"Jim Chalmers wage lies\"\/><\/p>\n<p>Chalmers\u2019 misleading comment came after the Australian Bureau of Statistics (ABS) released Q3 2025 wage data showing that real wages declined by 0.5% over the quarter.<\/p>\n<p>As a result, real wages were tracking at mid-2011 levels in Q3 2025 and 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\/11\/Australian-real-wages.png\" width=\"625\" height=\"472\" decoding=\"async\" loading=\"lazy\" alt=\"Australian real wages\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Recall the recent boast of Australia\u2019s Treasurer of propaganda, \u201cSpin\u201d Jim Chalmers, claiming that\u00a0Labor had delivered\u00a0the \u201clongest period&hellip;\n","protected":false},"author":2,"featured_media":69934,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-411602","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\/411602","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=411602"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/411602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/69934"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=411602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=411602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=411602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}