SBS On the Money: Real wages in decline for longer
Source: SBS News
The RBA has downgraded its economic growth forecasts in its Statement on Monetary Policy while also admitting higher inflation for longer will mean a continued decline in real wages. SBS Finance Editor Ricardo Gonçalves speaks to AMP Capital Chief Economist Shane Oliver for more; and gets the market reaction with Azeem Sheriff Sharrif from CMC Markets.
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