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inflation
For the past half-decade Australian wages have barely moved after adjusting for inflation. In the United States the picture is far bleaker — the real wages of average workers have changed little in 40 years. Not so for US chief executives. In 1965 the heads of America’s 350 biggest companies…
Westpac has some bad news for Australian workers hoping for a decent pay rise. While wage growth may start to pick up in the quarters ahead, Westpac says there is very little for workers to get excited about.
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