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Wages growth remained subdued through June although Victorian public sector workers enjoyed a reasonable pay riseThe public sector gave a little boost to the June result, up 0.8 per cent to be 2.6 per cent higher over the year. Much of that was driven by Victoria where, in original terms, public wages lifted by 1.5 per cent in the quarter to be 3.7 per cent higher over the past year.
"The most significant contribution to wage growth this quarter came from the public sector component of the health care and social assistance industry, where a number of large increases were recorded in Victoria under a plan to ensure wage parity with other states," he said. Reserve Bank governor Philip Lowe, in testimony to a parliamentary committee last week, said he would like to see wages growing at closer to 3.5 per cent. The bank has sliced official interest rates in a bid to drive faster economic growth it hopes will lead to higher wages growth.It jumped by 3.6 per cent after a combined 4.7 per cent fall through June and July.
Who voted for these people You would have to to be stupid
The Coalition government has very deliberately stagnated wages by flooding Australia with increasing foreign worker numbers in more visa categories and more occupations
Just the way the greedy big business serving increasingly corrupt looking Coalition government disgrace and the stupid Australians who vote for them like it
Temporary work visa numbers are still increasing, it's bizarre that the media doesn't seem able to connect these dots. auspol
Why would they go up, there's little investment, little government spending, lots of migrants and weak unions.