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

NBN Co reveals FTTN premises that never hit 25Mbps peak speeds

NBN Co reveals FTTN premises that never hit 25Mbps peak speeds
NBN Co reveals 58 percent of HFC network still unserviceable

NBN Co reveals 58 percent of HFC network still unserviceable
Ban Chrome as default browser, limit Facebook user data harvesting: ACCC crackdown

Ban Chrome as default browser, limit Facebook user data harvesting: ACCC crackdown
Microsoft patches exploited new Windows zero-day

Microsoft patches exploited new Windows zero-day
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Automate and secure IOT for Business
Automate and secure IOT for Business
Data Science and AI Solutions for Cybersecurity
Data Science and AI Solutions for Cybersecurity
Intro to AI for Security Professionals
Intro to AI for Security Professionals
Digital Transformation: Hope, or Hype?
Digital Transformation: Hope, or Hype?
How to choose a trusted IT provider
How to choose a trusted IT provider

Events

Log In

Username / Email:
Password:
  |  Forgot your password?