Morrison government needs to speed up wage growth without going ‘too fast’12/05/2021|2min Sky News Business Editor Ross Greenwood says the Morrison government needs to ensure wages grow faster without them growing “too fast”. Wages are expected to go backwards in the short term with the wage price index predicted to be at 1.5 per cent by the end of the 2021-2022 financial year. “If your real wages are going backwards, you’re going to get real pushes from unions for wage rises,” Mr Greenwood said. “So the government has got to find some way to really try and make certain they don’t get wages growing too fast, but they want them growing faster.