Don’t bank on a wage rise this year. Expect rate cuts instead

Given we hold the record for the world’s most indebted households, we need a wages surge — hated as it would be by big business — to inflate away our debt problems. But wages growth is on the mat despite the good jobs statistics, writes Ian Verrender.

         July 21, 2019 at 07:07PM https://ift.tt/32JJB8n
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