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Weak wages growth shatters Budget forecast

May 16, 2018 - 11:55 -- Admin

By Leith van Onselen The Australian Bureau of Statistics (ABS) has just released its Labor Price Index for the March quarter of 2018, which revealed a weakening in wages growth from already anaemic levels: According to the ABS, wages grew by just 0.47% (both s.a. and trend) in the March quarter. Private sector wages grew

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