June 17, 2021 at 04:29AM
A snippet via Westpac on the jobs report.
WPAC’s note is detailed, I pulled out mainly their comments on the potential for wage growth ahead:
The point about wage growth (which, up to now has been very slow) is that the RBA wants it at around 3 to 3.5% to help drive inflation towards the Bank’s target.
Author: https://www.forexlive.com/news/!/australias-stunning-jobs-report-wage-pressure-will-only-grow-20210617 Selected by SYFX+