Reserve Bank cautions on two-speed tech economy

By
Follow google news

Widening gap between winners and losers stunts wage growth.

Reserve Bank cautions on two-speed tech economy
The Reserve Bank of Australia (RBA) has called out an increasing gap between technological leaders and laggards in Australia’s economy as a key reason why wages growth continues to languish at around two percent. Speaking in Melbourne on Wednesday, RBA Governor Philip Lowe used a speech to ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Copyright © iTnews.com.au . All rights reserved.
Tags:
aicloudfinancial servicesfintechmachine learningnetworkingreserve bank of australiasoftwarestrategy

Sponsored Whitepapers

High-volume data sources for AI-driven security analytics
High-volume data sources for AI-driven security analytics
1 in 3 companies lose SaaS data. Here’s how to prevent it
1 in 3 companies lose SaaS data. Here’s how to prevent it
The biggest AI opportunities are still ahead
The biggest AI opportunities are still ahead
AI workflows vs. AI agents: From automation to autonomy
AI workflows vs. AI agents: From automation to autonomy
Context engineering with hybrid search for agentic AI
Context engineering with hybrid search for agentic AI

Events

Most Read Articles

CBA's DevOps agent is helping on-call engineers on 2am wake-up duty

CBA's DevOps agent is helping on-call engineers on 2am wake-up duty
CBA looks to AI for workforce planning

CBA looks to AI for workforce planning
AustralianSuper hires its first head of AI and automation

AustralianSuper hires its first head of AI and automation
Westpac Intelligence Layer breaks cover

Westpac Intelligence Layer breaks cover
techpartner.news logo
Sydney-based AI-cloud waste startup raises $3m
Sydney-based AI-cloud waste startup raises $3m
Brennan uses NiCE to modernise its contact centre
Brennan uses NiCE to modernise its contact centre
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Interactive introduces private cloud platform
Interactive introduces private cloud platform
Digital61 expands cybersecurity portfolio
Digital61 expands cybersecurity portfolio

Log In

  |  Forgot your password?