Shadow Treasurer Angus Taylor simplifies the employee living cost of Australians under Labor using a simple two-column bar graph. “I’m an old management consultant, I can’t help myself ...

Cost of Labor vs. Cost of Living While the cost of labor refers to the sum of all wages paid to employees, it should not be confused with the cost of living.

Adoni Media's Leisa Goddard says there is an increasing number of Australians who “can’t afford the pressures” of cost of living and inflation.