>>/713162/
The cost of living has increased as well as devaluation. They're two different things though. Getting more money from work doesn't make things cheaper. 
If I get made to pay workers more, I will increase the cost of my goods. 

Potentially, that could work the other way. 
Stop asking for more. 
A house could cost less, but not if each person gets 70k to make my cardboard hut and the transport uber faggot has to be paid against some award that justifies $26+ph.
 
Minimum wage shouldn't apply for menial tasks. 
Lolly pop council cunt doesn't deserve $46ph.
Everything costs way more than it should because people demand to be paid more than they're worth. 
So we'll never be able to complete on a global market in anything but base resources, and that's just ours through luck.