{
  "id": 1958134,
  "title": "Australia’s drop in real wages is a disaster. But the profits of major corporations are doing just fine | Grogonomics",
  "url": "https://urgent.news/2026/08/19/australias-drop-in-real-wages-is-a-disaster-but-the-profits-of-major",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T15:00:15.000Z",
  "source": {
    "name": "The Guardian Australia",
    "slug": "the-guardian-australia",
    "url": "https://www.theguardian.com/business/grogonomics/2026/aug/19/australias-drop-in-real-wages-is-a-disaster-but-the-profits-of-major-corporations-are-doing-just-fine"
  },
  "original_language": "en",
  "account": null,
  "summary": "Wages are not growing out of control and the labour market is not ‘tight’ Get our breaking news email , free app or daily news podcast Excuse me while I sadly cross off another three months on my “waiting for a wages breakout” calendar. Before I get to the wages figures, may I pause to note that this month NAB reported a 5% increase in its profits compared with last year, CBA reported a 7%…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}