"anyone read the latest RBA minutes?"
Yep. The RBA has lost control of the economy. It needs to drop interest rates to support jobs and reduce the dollar. But can't because of the housing bubble.
It has decided to go back to basics and look solely after inflation.
It will now sit on it's hand, and brace for the impact when Australia hits the wall.
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- wage growth slowest in 16 years
wage growth slowest in 16 years, page-6
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Shanthar Pathmanathan, MD
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