Cost of living: Long wait for next 'real' pay rise as Treasurer reveals inflation peak

Dan Jervis-Bardy
By Dan Jervis-Bardy
Updated July 28 2022 - 8:51am, first published 4:27am
Treasurer Jim Chalmers said Australians were paying a "hefty price" for a wasted decade, as he handed down an economic update on Thursday. Picture: Elesa Kurtz

Workers will have to wait at least another year for a real pay rise as households are told to brace for the peak of the cost-of-living crunch.

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Dan Jervis-Bardy

Dan Jervis-Bardy

Federal Politics Reporter

Dan covers federal politics from Parliament House, with a special focus on climate policy and the NDIS. He has previously reported on ACT politics and urban affairs since joining the Canberra Times in 2018.