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^^^^ precisely. where is this "wages breakout" cost going to be funded from? last time i checked, banks weren't lending any more to businesses than what they can kneel and grovel for. govt wage growth ratchet clauses don't exist and are only liked to CPI. soooo......?

RBA can go shove it's report.

if you can't get labour - the cost goes up to secure that labour. that hurts the lower end, because new workers see "cleaner getting $120k/pa" and refuse to work at maccas for $12 an hour, then claim they can't get a job.