Alan Kohler: Welcome to Australia’s economic Fight Club

Alan Kohler: Welcome to Australia's economic Fight Club

The two men running the Australian economy are completely at odds, fighting each other while saying they’re not. The one who is right is powerless, and the one with the power is wrong. Philip Lowe, the Governor of the Reserve Bank, is trying to get wages up, but he can’t. Prime Minister Scott Morrison could get wages up but he is so deep in the habit of suppressing them that it’s an addiction.

Source: Alan Kohler: Welcome to Australia’s economic Fight Club

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