Workers' wages will continue to grow at about 2.2%, similar to the current WPI, partly because the forthcoming 0.5 percentage point rise in compulsory super payments will be mostly funded by forgone pay rises, according to the RBA.
Having trouble using your subscription? Contact us for help or check our FAQ page here for answers to commonly asked questions.
Non subscribers: Access Workplace Express by starting your subscription here.
Haven't seen Workplace Express before? For a 28-day free trial sign up here.
Go back to our homepage here.