With headline inflation rates so low, many workers have agreed to smaller wage increases than would have otherwise been the case, especially where expectations of future inflation are also low. The low wage increases have in turn reinforced the low inflation outcomes.
The aims of the Funding Australia’s Future project are to: •  assess the future demand for and supply of finance in Australia;  •  consider the interaction between different participants in the financial system;  •  identify the potential challenges facing the system; and  •  outline institutional or regulatory changes that might improve the operation of the system.