You are here

Australia's wage slowdown a double-edged sword


AUSTRALIAN wages grew at the slowest pace in at least 16 years last quarter in what is proving to be a sedative for household spending and tax revenues, but a tonic for employment by keeping labour costs low.

Wednesday data showed that hourly rates of pay excluding bonuses

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom