Australian workers get modest real wage gains in latest data – finally

Created
Wed, 13/08/2025 - 14:17
Updated
Wed, 13/08/2025 - 14:17
Yesterday, the Reserve Bank of Australia finally lowered interest rates some months after it became clear the economy is slowing and the labour market is getting weaker. The RBA remain fixated on their claims that wages growth is too high. In yesterday’s – Statement by the Monetary Policy Board: Monetary Policy Decision ((August 12, 2025)…