Treasurer has confirmed that gov submission to Fair Work will be for min wage to match inflation, award wages will also flow from that, so nominal wages will increase another chunk in July for min and award wage earners. I am assuming this is a big percentage of M3 borrowers. Flipside is that their costs will increase a similar amount, but a net positive given the car loan balances are inflating away a little for existing customers. Am I clutching at straws here? Haha
Treasurer has confirmed that gov submission to Fair Work will be...
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