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Topic: 2018-19 MYEFO
Treasurer Josh Frydenberg (Image: AAP/Lukas Coch)

Government’s bigger health spend is our main jobs and wages driver

The economy will be reliant on health spending for much of its jobs and wages growth over the next couple of years — and the government is increasing it.

Josh Frydenberg and Mathias Cormann deliver the Mid-Year Economic and Fiscal Outlook 2018/19 (Image: AAP/Mick Tsikas

Cormann holds the line on spending, but wage stagnation to continue

This year's budget update sees extra revenue taking us back to surplus quicker, but workers are still stuck with wages that won't budge.