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Global management consultancy, Hay Group, has forecast further real wage cuts for Australian workers. From The AFR:
Many employees are facing more real wage cuts amid predictions inflation may outstrip pay rises for many workers next year.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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