Ai Group’s Economic team provide weekly updates as they monitor and analyse developments across the Australian economy. The team produce a range of regular activity indicators, reports, submissions and research notes about issues that effect Australian business and industry.
In this weeks economic highlights, you can find out about:
- ABS Wage Price Index showing wage growth that has returned to pre-COVID levels
- ABS Labour Force and a 3.9% national unemployment record low
- Federal Budget 2022-23 focuses on addressing the rising cost of living, in light of the ongoing COVID-19 challenges and geopolitical uncertainty. This includes updates to the superannuation system.