Public sector pay rose faster than private sector wages for the first time since 2020, as concerns over stubbornly persistent ...
Aussie wage growth is slowing faster than the market expected, but pay rises are still outstripping growth in inflation.
On Tuesday, the Reserve Bank of Australia (RBA) released its Statement of Monetary Policy (SoMP), which provided forecasts on ...
Championing higher wages is in Labor's DNA, but wage growth may not be able to overcome inflation anger if a rate cut doesn't ...
The slowdown in wages growth still means that incomes are rising at a faster pace than inflation, with the Reserve Bank of Australia likely to welcome the data as it continues to wait for inflation to ...
This comes as Australia’s official inflation rate is at 2.8 per ... Picture: NewsWire / John Appleyard Seasonally adjusted, annual public sector wage growth was higher than private sector ...
“This shows that Australia’s labour market resilience ... The recent period of high inflation has driven real inflation-adjusted wages to 2011 levels, fuelling voter anger over cost-of-living ...
A fundamental economic truth explains ever-rising services inflation and why it’s a big problem for governments.
Australia's unemployment rate remained steady in October, at 4.1 per cent, as the number of employed people increased by 15,900. The number of people in full-time employment increased by 9,700, and in ...
Dutton is shouting from the sidelines about IMF inflation predictions for 2025. But what is not on the political agenda is any serious reassessment of Australia’s broken wages system and the ...