John Howard has stated that work choices will keep downward pressure on wages, which should keep downward pressure on inflation.
Glenn Stevens has said that wages have been contained.
John Howard has said that this means work choices are working.
So Kevin Rudd’s statement “"Every 15 weeks in fact, since the introduction of WorkChoices, we've had an interest rate rise” was not the best choice of words as it implies as you suggest.
It is a shame that there is so much focus on watching wage growth when they are only one part of the inflation mix.
If the wage / price balance becomes unbalanced then it only results in pain to people irregardless of inflation. As most can see prices are starting to party, thus the interest rate rise.
