00:00We have seen real wages grow in the quarter, but not through the year, as Amanda said,
00:06because this inflation challenge in our economy persists. It's worth remembering that both
00:12Treasury and the Reserve Bank are forecasting annual real wage growth to return this financial
00:18year. But to have nominal wages growth above 3% for the duration of our government compared to
00:25not in any quarter under our predecessors, I think gives you a sense of the progress that we are
00:30making, making sure that wages growth in our economy is strong and sustainable as we see
00:37inflation moderate over time.
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