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RBA: Wages growth is worse than you think

February 12, 2018 - 01:30 -- Admin

By Leith van Onselen When discussing wages growth, economists tend to focus on the wage price index (WPI), which measures wage pressures across the various industries (i.e. the price of doing a particular job). Australia’s WPI rebounded slightly in the September quarter of 2017 – courtesy of the Fair Work Commission’s decision in June to

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