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Budget explainer: why is Australia's wage growth so sluggish?

  • Written by The Conversation
imageWage growth is at its lowest since the measures began.Image sourced from www.shutterstock.com

A striking development in the Australian labour market in recent years has been the slow-down and low rate of growth in nominal wages. Low wage growth implies stalling living standards for workers; and has less obvious adverse consequences such as...

Read more: Budget explainer: why is Australia's wage growth so sluggish?

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