Reserve Bank cautions on two-speed tech economy

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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 ...

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