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Chief economist update: Cut it, cut it now
No RBA, growth in wages have remained stagnant - and that's just for the lucky few. The unlucky ones have, in effect, seen their incomes eroded by inflation (thank goodness prices haven't increased by much).

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Read more: AustraliaFebCutABE ConferenceAustralian Bureau of StatisticsFedLuci EllisMr. WolfPhilip LoweRBA Assistant GovernorSydney
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