MYEFO is forecasting a long-awaited rise in wages, but it doesn't mean it will happen

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MYEFO is forecasting a long-awaited rise in wages, but it doesn't mean it will happen
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ANALYSIS: MYEFO magic forecasts Australia to an economic nirvana of rising wages

As New York Yankees pitcher and amateur philosopher Yogi Berra once noted: "It's tough making predictions, especially about the future."

Almost two years on from that fateful night — which preceded a global pandemic, the worst recession in nearly a century and a $311 billion Commonwealth stimulus package — there is still no surplus in sight, with ongoing deficits adding ever more to the national debt pile.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

abcnews /  🏆 5. in AU

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