# #AustriaEconomy in the news

October 5, 2026 at 10:00 AM

> Vida Union Demands Real Wage Hikes for 283,500 · Austrian Household Wealth Hits 968 Billion Euros · SPÖ Proposes 55 Percent Tax Rate for High Earners

[Vida Union Demands Real Wage Hikes for 283,500](<https://austriareport.com/article/vida-union-demands-real-wage-hikes-for-283-500-8b5a29f5>)
*October 5, 2026 at 10:00 AM* - Union leader Roman Hebenstreit seeks full inflation compensation and overtime reform as negotiations for railway and retail staff begin.

[Austrian Household Wealth Hits 968 Billion Euros](<https://austriareport.com/article/austrian-household-wealth-hits-968-billion-euros-3a82b16b>)
*September 29, 2026 at 12:14 PM* - The Allianz Global Wealth Report shows Austrian financial assets grew five percent in 2025 as investors shifted focus toward securities.

[SPÖ Proposes 55 Percent Tax Rate for High Earners](<https://austriareport.com/article/spo-proposes-55-percent-tax-rate-for-high-earners-af8927fb>)
*September 28, 2026 at 11:59 AM* - The Social Ministry plans to lower the top tax threshold to 500,000 Euro to fund an increased child supplement starting in 2027.