Chief economist update: Not before we get a pay rise
Wages are key. The RBA won't be able to lift interest rates until growth in wages picks up lest it exacerbates the financial stress on households.

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Read more: AustraliansEconomicsABS - Australian Bureau of StatisticsME BankCPIJeff OughtonRBA - Reserve Bank of AustraliaWage Price IndexWestpac/Melbourne Institute
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