Birdwatch Note Rating
2023-11-13 13:26:09 UTC - HELPFUL
Rated by Participant: FE349A6E7CC40638ABC33760BA2F7D2C1A5A3A4D26F1D927E249DBD9D4D1BBE8
Participant Details
Original Note:
Australia has the steepest falling wages in the OECD, with migration contributing 1/3 of the decline . https://www.macrobusiness.com.au/2023/11/australian-households-suffer-worlds-biggest-income-collapse/ The RBA blames the Government's migrant intake for increasing the cost of living (prices), through increased demand for goods & services ranging from housing to groceries. https://www.macrobusiness.com.au/2023/10/alboflation-to-force-rba-to-hike-interest-rates/?utm_medium=email&utm_campaign=Daily+MacroBusiness+-+Feed&utm_content=Daily+MacroBusiness+-+Feed+CID_23064c336a695b7f610ea1d780a0faed&utm_source=Email+marketing+software&utm_term=Alboflation+to+force+RBA+to+hike+interest+rates
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