Who can forget this absolute public policy shocker by the RBA:
Ready for round eight? In it’s most recent Statement, the RBA noted:
Wages growth was broadly as expected in the September quarter. The majority of firms in the liaison program continue to expect little change in wages growth over the next year, and only very few firms expect stronger wages growth outcomes in the year ahead. There is also no indication that there will be changes to the government wage caps that have kept public sector wages growth stable over recent years.
