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AAP
AAP
Politics
Colin Brinsden, AAP Economics and Business Correspondent

Wage data likely to fuel rate rise talk

The RBA wants to see annual wage growth above three per cent before it considers raising rates. (AAP)

Speculation the Reserve Bank will need to start raising interest rates this year will likely get a kick along when key figures for wages growth are released, the missing link in Australia's economic recovery from recession.

Economists generally see a rise in the cash rate from a record low 0.1 per cent occurring in August, which would be the first increase in a decade.

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