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Don’t expect wage growth any time soon, the RBA says, as it maintains interest rates will stay put until 2024 – Business Insider Australia

There is little to suggest Australian wage growth in the short-term, despite reports of industry labour shortages, the Reserve…

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  • The Reserve Bank of Australia has explained its decision to once again leave interest rates at 0.10%.
  • Wage growth is yet to hit its target bounds, and further increases are unlikely in the short-term, the reserve bank said.
  • Raising interest rates too quickly…

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