3.5pc wage rise for 2.6m workers; RBA warns on tariffs; AI takes centre stage for business
FEAR & GREED | Business News
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Economic Implications of Wage Growth and Trade Tariff Concerns
This chapter explores the economic effects of a 3.5% wage increase for low-paid workers, emphasizing its potential to boost consumer spending without leading to high inflation. It also addresses concerns from the Reserve Bank about tariffs and trade tensions, while expressing cautious optimism about wage growth amidst external economic challenges.
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