Frydenberg FOFA banking royal commission
Treasurer Josh Frydenberg (Image: AAP/Lukas Coch)

Wages growth in Australia continues to be in serious trouble. The official narrative is that wages are slowly picking up. In fact, workers in most industries saw wages growth fall in the March quarter -- and often fall substantially.

Manufacturing is still a major employer of Australians -- over 800,000 people make a living in that industry. But wages growth in manufacturing fell from 0.4% in the December quarter to 0.3% in the March quarter; annual growth in the year to March was a measly 2%.