Reserve Bank cautions on two-speed tech economy

By on
Reserve Bank cautions on two-speed tech economy

Widening gap between winners and losers stunts wage growth.

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
Got a news tip for our journalists? Share it with us anonymously here.
Copyright © . All rights reserved.

Most Read Articles

Log In

  |  Forgot your password?