Inflation and Interest rates will continue to rise into next year before being reeled in, according to the latest update from the Reserve Bank governor. It means workers could have to wait a little longer for a real wage rise.
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RBA boss warns on rates and wages
RBA governor Philip Lowe appears before the House of Representatives economics standing committee in Canberra. Source: AAP / LUKAS COCH/AAPIMAGE
Inflation and Interest rates will continue to rise into next year before being reeled in, according to the latest update from the Reserve Bank governor. It means workers could have to wait a little longer for a real wage rise.
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By Krishani Dhanji
Presented by Gareth Boreham.
Source: SBS News
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