Most of us are home buyers, all of us ‘working people’. Despite the offical CPI since May 2022 10.9% the ABS has the inflation rate at 19.3% for working people. I’d imagine before May 2022 it would have been similar as well. When you look at the price of milk/bread/vegetables etc they have increased far more than 10% in the last few years. These are the most relevant figures for the upcoming short and long haul EBAs. An initial 20% is
not a pay rise it’s just keeping up with actual inflation over last couple of years. Well even then probably not even keeping up in reality but a start.
https://www.theage.com.au/politics/f...01-p5fo2b.html