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RBA's labour market model needs overhaul - MacroBusiness
Source: Buzz FX / 20 Apr 2025 10:21:18 America/New_York
The Reserve Bank of Australia (RBA) is famously bad at forecasting Australian wage growth.
For the past 15 years, the RBA’s Statement of Monetary Policy (SoMP) has routinely forecast stronger wage growth than has occurred.
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