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1.Market Observations, 8.Was Sticky

31 Mar 2016 (AFR) – Competitiveness jumps on weak wage growth, lower $A

(31 March 2016, AFR, p7, by Jacob Greber)

‘The pain felt by households suffering the weakest wages growth on record is starting to deliver a benefit by improving the nation’s international competitiveness. According to KPMG, the cost of doing business in Australia has improved over the previous two years at the fastest rate in a survey of more than 100 cities in 10 countries.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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