Economic and Fiscal Update July 2020 - Budget
A declining unemployment rate beyond the March quarter 2021 is expected to support a gradual pickup in wages over time. The Wage Price Index is forecast to grow by 1¼ per cent through the year to the June quarter 2021 and by 1¼ per cent through the year to the June quarter 2022, before gradually rising over the remainder of the forward estimates. ................
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