I think the fact that there may be, as you say, there’s been, an open reflection of that, to me is quite healthy. It’s saying that the discussion we have is serious, all points of view are discussed, but in the end the decision is made.
It is also worth pointing out that overall wages growth in New South Wales and Victoria has been running at just 2½ per cent despite the unemployment rate being 4½ per cent or lower over the past year. Graph 11  Another perspective on wages growth is from the national accounts, which reports average earnings per hour worked (Graph 12).