Bill Shorten says workers on $150,000 are struggling to make ends meet trends now
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Government services minister Bill Shorten has claimed Australians earning as much as $150,000 a year are struggling to make ends meet as the cost-of-living soars.
Mr Shorten said high-income earners who were bringing home more than $100,000 a year were feeling the pinch because of inflation.
His comments came as he defended Anthony Albanese and his government's push to boost wages through its contentious industrial relations reforms.
Government services minister Bill Shorten has claimed Australians earning as much as $150,000 a year are struggling to make ends meet as the cost-of-living soars (stock image)
Mr Shorten said high-income earners who were bringing home more than $100,000 a year were feeling the pinch because of inflation
'What's motivated this (IR) legislation has been to redress the imbalance in the Australian economy, where basically the share of national income going to pay-as-you-go tax earners has fallen,' Mr Shorten told the ABC.
'And I must say, there is an economic benefit to the whole economy. When people have a little bit more money to spend and when you're on less than, you know, $100,000 or $120,000, $150,000 a year, you spend nearly everything you get.
'What this does is provides economic activity.'
Critics have
