Previously every budget forecast was wrong:
The worrying trend is wages growth is only 1.9% and declining trend for years, yet cost of living is increasing by 2.1%...hence wages are declining:
https://www.theguardian.com/business/2017/may/17/australian-wages-growing-more-slowly-than-cost-of-living
Wage growth has now no relation to share prices or company dividends. Trickle down economics clearly doesn't work.
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