Employers finding ways to avoid lifting wages, Reserve Bank says

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Deputy chief says wages tied to individual performance mean average growth is contained

Australia’s employers are finding inventive ways to avoid lifting wages for their staff as the economy improves, the Reserve Bank has found.

Guy Debelle, the RBA deputy governor, says Australia’s jobs market is in “pretty good shape”, with many indicators suggesting wages should be growing more quickly.

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#australian economy
#industrial relations
#reserve bank of australia
#business australia
#australia news
#wages growth