wage growth

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Australia's unemployment rate may have to fall much more before we see any wages growth.

Reserve Bank

Reserve Bank of Australia governor Philip Lowe has effectively ruled out an interest rate rise until wage growth tops 3%.

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Low inflation and painful wage growth mean the Reserve Bank has extended its freeze on interest rates for an almost unprecedented 18th straight meeting. 

pay rise

For a whole lot of workers in Australia, cutting a better pay deal is very hard, writes Richard Holden.