Original article by Ewin Hannan, Greg Brown
The Australian – Page: 2 : 17-Jul-19

The Reserve Bank of Australia’s analysis of wage price index data shows that the size of wage increases and the frequency of pay rises has declined since 2013. The RBA’s Natasha Cassidy notes that there has also been a significant increase in the proportion of workers who have been subject to a wage freeze of at least 12 months. Meanwhile, ACTU secretary Sally McManus has criticised the Treasury over research which suggested that the reluctance of workers to change jobs has contributed to low wages growth.

CORPORATES
RESERVE BANK OF AUSTRALIA, ACTU, AUSTRALIA. DEPT OF THE TREASURY