Categories
Economy Recession

Business Investment Declines

Business investment declines counter to all desires of the RBA.

Categories
Economy

Wage Growth Stalls

#WageGrowth #Australia #Recession Wage growth stalled even with significant growth in portions of the public sector. Wage growth has been below average for years and does not appear to change that pattern within the foreseeable future. References https://tradingeconomics.com/australia/wage-growth https://www.abc.net.au/news/2019-08-14/wage-growth-remains-stagnant-in-q2/11412228?section=business