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Australian Wage Pressures Continue to Bubble Up, NAB Says

Por: MarketWatch Business February 02, 2023

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A business survey by the National Australia Bank shows that even after a record 300 basis points of increases in official interest rates in 2022, the economy continued to run hot in the fourth quarter and concerns around a much-feared wage break remain high. The share of companies reporting moderate or substantial increases in wage pressures over the past six months has risen significantly, coming in at around 50% in the fourth quarter, NAB... + full article



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