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Morrison wants Aussies to earn more

AAP logoAAP 7/09/2016

Good news everybody - the treasurer wants Australians to make more money and pay less tax.

Scott Morrison called a press conference on Wednesday to declare 25 years of uninterrupted economic growth for Australia, following the release of official figures.

That's only been topped by the Netherlands, which holds the record at 26-and-a-half years.

But wages growth was up 3.1 per cent, well short of the long term average of 5.8 per cent, the treasurer said.

"We still have an earnings problem to deal with in our economy and we need to earn more for what we do," he told reporters.

Mr Morrison says the government is already reforming competition law and cutting company taxes in a bid to boost wages.

"What I want to ... support the economy to do is to see a real boost in wages by a real boost in productivity and a real boost in the earning performance of companies," he said.

"I want Australians to earn more and businesses to earn more and that is why I think they should pay less tax."

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