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.
Morningshow etc.
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RN Breakfast daily stories separated out for easy listening. RN Breakfast is the program informed Australians wake up to. Start each day with comprehensive coverage and analysis of national and international events, and hear interviews with the people who matter today—along with those who'll be making news tomorrow.
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Folge vom 24.06.2022Tony Burke: Wages aren't driving inflation because we don't have high wage growth
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Folge vom 24.06.2022Is the electricity market back to normal?All eyes will be on AEMO today to see if they completely lift their unprecedented suspension on the east coast energy market. But does that mean the problems that crippled the system last week are over, and all is back to normal?
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Folge vom 24.06.2022Australia considers joining methane pactIt's a pact that Barnaby Joyce warned would force farmers to go out and shoot their cows. The new federal Labor government has signalled it's seriously looking at joining an agreement to reduce global methane emissions.
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Folge vom 24.06.2022Synagogue sues Florida over abortion restrictionsAn American rabbi is mounting a legal challenge against Florida's new abortion laws, on the grounds of religious freedom. Rabbi Barry Silver leads the Palm Beach County synagogue, and is suing the state because he says the restrictive laws will prohibit Jewish women from practicing their faith.