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AAP
AAP
Business
Jacob Shteyman

Private sector wages slowdown could ease RBA fears

Inflation JP Morgan Labor
Wages grew at 3.4 per cent in the three months to September 30, in line with economist forecasts. (James Ross/AAP PHOTOS)

The public sector remains the dominant force driving up wages, which could alleviate the Reserve Bank's fears about the labour market.

Wages growth held steady at 3.4 per cent in the year to September, in line with economist and RBA expectations, the Australian Bureau of Statistics reported on Wednesday.

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