Business
Wage dynamics in Australia have been permanently changed by foreign labour – ABC News
RBA governor Philip Lowe says it could take years for wage pressures to build in Australia, with businesses used to having a…
Reserve Bank governor Philip Lowe says the ability of Australia’s employers to “tap” global labour markets for foreign workers may have permanently changed wage dynamics in Australia.
Key points:
- The last time wages growth in Australia was above 3 per…
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