Wages growth remains at a record low, while consumer confidence has taken a turn for the worse following the Federal Budget. Those are the findings from the latest ABS and, as the cost of living is rising faster than wages Australians are finding it tough.   - Wages growth remains at a record low, while consumer confidence has taken a turn for the worse following the Federal Budget. Those are the findings from the latest ABS and, as the cost of living is rising faster than wages Australians are finding it tough.