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Aussie wage growth expected to remain at record low as house prices rocket – NEWS.com.au

Aussie wage growth expected to remain at record low as house prices rocket

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In recent months, the mood of consumers and businesses surrounding the nations economy has turned to a state of euphoria, with most confidence indexes currently sitting at or near decade highs.The Morrison government’s big spending in the 2021 federal budget is likely to provide support for this view of the economy, but buried within the hundreds of pages of the budget documents a far more challenging reality is found.
According to Treasury forecasts wage growth is expected to remain at a near record…

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