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3 hours ago

Reserve Bank of Australia: Minutes warning union claims could lead to wage-price spiral fuelling inflation

Reserve Bank of Australia: Minutes warning union claims could lead to wage-price spiral fuelling inflation

The Reserve Bank has warned it could raise interest rates again because union demands could feed a wage-price spiral and keep inflation above target for several more years even as petrol prices eased. The minutes of its June 16 meeting warned... Read more.

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