The excellent news is that the most recent wage worth index information revealed the strongest annual wage progress since March 2013 and the quickest quarterly progress since March 2012. The unhealthy information is given the 7.3% rise of inflation over the previous yr, wages in actual phrases fell 3.9% prior to now yr – the largest fall on document.
Within the newest minutes of the most recent RBA board assembly, the board famous that “wages growth had continued to pick up from the low rates of recent years”. Lastly, that is now displaying…
