Looking ahead, the neutral policy rate both here in Australia as well as in other advanced economies is likely to remain lower than it was in the past. It is plausible that the degree of risk aversion might abate in time, which would see the neutral rate rise from its current low level.
5  8  capital due to restraints placed on wages, this will be a management risk in terms of business continuity. Firms are also strongly aware of the importance of "investment in people," including raising wage levels and promoting initiatives to cultivate digital technology professionals.