Interest rates are expected to stay at 1.5 per cent after an announcement from Reserve Bank (RBA) governor Philip Lowe. The decision not to raise rates is driven partly by record lows in wages growth, which has been stuck at 0.4 to 0.6 per cent for the past 13 quarters. Callam Pickering, the Asia-Pacific economist for job site Indeed, has said that low wage growth remains the dominant, worrying trend for the Australian economy. Conversely, Adam Boyton, writing for the Australian Financial Review, has argued that this negative may actually be a positive. Boyton argues that low wage growth has lead to employment growth, and that in the current economic climate, “we can have either strong wages growth or strong employment growth, but not both.”