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Wednesday, 14 November 2018

Next stop wages growth

Wage rise time

Are wages finally set for a punchy lift over the next few quarters?

We'll find out a bit more at 11.30 this morning.

The strongest economy in the country right now is Melbourne.

Indeed, Justin Smirk of Westpac has highlighted the sharp reduction in slack in the Victorian labour force, which normally foreshadows a boost to private sector pay packets. 

A handy leading indicator to add to the arsenal.

More to follow...