The Australian Bureau of Statistics (ABS) has just released its Labor Price Index for the March quarter of 2018, which revealed a weakening in wages growth from already anaemic levels:
Weak wages growth shatters Budget forecast
Leith van Onselen
Wednesday, 16 May 2018
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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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