Interest rates on hold as wage growth slows

By David Olsen · 24 February 2010 · Locked

Interest Rates to Remain Steady

Wage growth slows, but interest rates are expected to stay put. What does this mean for your finances?

Summary

Interest rates are expected to stay on hold with quarterly wage growth easing in the December quarter, seasonally adjusted. With total hourly rates of pay, excluding bonuses, rising just 0.6 percent. Coming in under the market forecast of 0.8 percent. The wage price index rose 2.9 per cent from a year earlier in Australian Bureau […]

Tags: ABS, Interest Rates, Rba, Wage Growth