Time for government policy that distributes some of this pain a little more evenly among older asset holders vs. just younger working class.<br><br>RBA can only do one thing. Government silence on the issue is deafening (both current government & previous one).
Quite surprising news. Yet more blaming of workers for inflation is on the way at the RBAs next rate rise<br><br>>Low unemployment has driven nominal wages growth to a decade high, with data released last month showing salaries increased by 3.7 per cent in the year to March.<br><br>Yeah, highest because wages were completely stagnant for a decade.