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ASX improves to flat; Oil Search up 6.7% after rejecting Santos offer – The Sydney Morning Herald

The S&P/ASX 200 dropped more than 1% at the open, but began easing losses after the first hour. Materials and energy were under-performing,…

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The Reserve Bank has few expectations of a sharp rise in wages any time soon, saying it could take years to overcome the inertia that has plagued workers for the past half decade.
Minutes of the RBA boards July meeting show the lack of wages growth dominated…

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