Dissecting Australia’s poor wages growth

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By Leith van Onselen

Following Deutsche’s Adam Boynton’s terrific study on wages yesterday, which pinned part of the blame for Australia’s low wages growth on poor productivity, the Reserve Bank of Australia (RBA) yesterday released its quarterly Bulletin, which also included some interesting analysis on Australia’s low wages.

Below are the key extracts:

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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.