The average full-time worker is $2,200 worse off today than they would be if wages had grown at the rate the Liberals and Nationals have forecast in their budgets.

The Morrison Government’s biggest failure this year has been on the economy.

The National Accounts confirm that growth has slowed in the September quarter, slowed since the election and almost halved since Josh Frydenberg became Treasurer.

Today the Reserve Bank Governor confirmed “Wages growth is subdued and is expected to remain at around its current rate for some time yet”.

A new report highlights that the “Australian economy’s woes are homegrown” as we see “soaring profits but weakness in pretty much everything else”.

Today the Reserve Bank has confirmed that weak wages growth under this Liberal National Government is now the “new normal”.

Today the consultation paper for the Government's review of the retirement income system has been released.

In its latest economic update, the OECD has called on the Morrison Government to support the floundering economy that it expects to grow well below the Government’s own forecasts.

New data confirms that already stagnant wages growth has slowed even further since the election.

Three interest rate cuts since the election have not been enough to turn around an economy which is floundering on the Liberals’ watch.