Wages growth in Australia has been slowing in trend terms since 2009 and the latest figures from the ABS suggest the trend still continues. June quarter wages growth was 0.5% (seasonally adjusted) for the quarter and in line with market expectations. Seasonally adjusted year-on-year growth was 2.1% which is down from March’s comparable figure of 2.2% Private sector wages grew at the lowest rate since the data series began in September...