Don’t expect wage rises soon
A Reserve Bank economist has warned that wage growth might stay lower for longer.
A Reserve Bank economist has warned that wage growth might stay lower for longer.
The cost of programs that helped meet the government’s Closing the Gap targets exceeded $130.2 billion.
The government would boost household spending by going easier on wages.
The Reserve Bank has cast doubt on prospects for a pick-up in wages in its quarterly economic statement.
But there could be severe consequences ahead, with the economic outlook still uncertain.
Australia’s banks aren’t particularly profitable or monopolistic, a study shows. But there are a couple of flashing lights.
Analysts have warned investors to expect wilder swings in stock prices this year.
Few countries should be as worried about the prospect of sharply higher global interest rates as Australia.
The nation’s banks could use higher funding costs to justify interest-rate hikes.
If ever there was a time to breathe a sigh of relief following a stockmarket mini-crash, this must be it.
Original URL: https://www.theaustralian.com.au/author/adam-creighton/page/200