Wages growth worst in a century
Real wages have continued to collapse with the latest data confirming Australia has suffered the worst real wage...READ MORE
Record low interest rates, accelerating asset prices and a growing appetite for risk could be laying the groundwork for a sharp correction across financial markets, the Reserve Bank has warned.
In its latest Financial Stability Review released on Friday morning, the RBA says strong global economic conditions over the past six months suggests asset prices have surged because investors "see little chance of adverse outcomes".
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