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 © iTnews.com.au . All rights reserved.
Tags:
ai cloud finance fintech machine learning networking reserve bank of australia software strategy

Most Read Articles

Route leak causes internet problems worldwide

Route leak causes internet problems worldwide
Woolworths promotes Agile boss to manage group transformation

Woolworths promotes Agile boss to manage group transformation
Tap-and-go fee gouging explodes

Tap-and-go fee gouging explodes
NAB gives three people $666m each to lend on tech

NAB gives three people $666m each to lend on tech
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Follow these steps to prevent targeted attacks
Follow these steps to prevent targeted attacks
Is your cybersecurity knowledge out of date?
Is your cybersecurity knowledge out of date?
Your mobile devices may not be secure – learn how to fix that
Your mobile devices may not be secure – learn how to fix that
Don’t risk your business – learn how to protect your cloud assets
Don’t risk your business – learn how to protect your cloud assets
Accelerate your cloud adoption - Go Fast, Securely
Accelerate your cloud adoption - Go Fast, Securely

Events

Log In

Username / Email:
Password:
  |  Forgot your password?