New record for Aussie wage growth

16 November 2016

 

Australian wage growth created a new record and it’s not the sort of record employees wish to see. If inflation did pick up in Australia, it seems unlikely employee costs would be behind it as wages growth set a new record low in the September quarter. Although the series has only be around since 1997 it is still the lowest in twenty years. Wages grew by 0.4% in the September...

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