Reply To: RBA Raises Rates to Ten Year High 3.35%, says Further Hikes Ahead


“The enterprise agreements that have been signed over the past four or five months, have bigger wage increases this year, but then next year, they’re a bit lower again.”

Lowe said companies the bank spoke with through its business liaison program were saying that as well.

“They’re giving workers a bigger increase this year, but they’re saying to their workforce ‘well, next year, we’ve got to go back to something more modest’,” he said.