Reserve Bank economic forecasts show wages will lag price rises for at least another year - ABC News

The Reserve Bank's latest economic forecasts differ wildly from Treasury's latest budget numbers, which are barely a month old. And there is bad news for workers hoping they will get a pay rise bigger than the increasing cost of living.

They say a week is a long time in politics, and it turns out a month is an eternity when it comes to economic forecasting. Just under six weeks ago, Treasurer Josh Frydenberg handed down a pre-elect… [+5764 chars]

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