Federal Budget Outcomes
The Labor Government’s 2024 Budget is a good budget for working people, with wages forecast to rise, commitments to pay increases in the care economy, cost-of-living support on top of the July 1 tax cuts, and a historic commitment to the jobs we need, including manufacturing jobs in Australia. Higher wages are the centrepiece of the Federal Budget with real wages going up by 4 percent for this financial year the same amount that they went up in total over the 10 years of the Coalition Government.