Oz Blog News Commentary

Weak wage growth persists

May 15, 2019 - 12:05 -- Admin

By Leith van Onselen The Australian Bureau of Statistics (ABS) has just released its Labor Price Index for the March quarter of 2019, which revealed more disappointing wages growth: According to the ABS, wages grew by just 0.54% (s.a.) and 0.61% (trend) in the March quarter. Private sector wages grew by 0.54% (both s.a. and

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