Published: July 14, 2021
Instead, the RBA might consider the lack of monetary and fiscal stimulus, capped wages growth and reduced worker bargaining power
It is regrettably far too easy in Australia to blame migrants. From societal to educational to economic woes – migrants are the easy target.
Last week the head of the Reserve Bank suggested migration could have caused lower wages growth. It was an unfortunate statement that goes against evidence and ignores the many other factors at play.
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