Wages stuck at under 2% for most Australians

17 May 2017

 

Australia, as with most, if not all, of the developed economies, is in a low inflation environment. Wage inflation is playing its part well. So well in fact, wages in the private sector have failed to keep up with consumer inflation over the past year. According to the latest March quarter figures published by the Australian Bureau of Statistics (ABS), hourly wages grew by 0.5% in the March quarter, up...

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