Rn Breakfast - Separate Stories Podcast

Tony Burke: Wages aren't driving inflation because we don't have high wage growth

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Synopsis

The RBA Governor Philip Lowe suggested any wage rise for workers should have a 3 in front of it, warning anything higher would stoke inflation. Minister for Employment, Tony Burke says high wage growth can't be driving inflation because we don't have high wage growth, and inflationary pressures are not the fault of working Australians.