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Budget forecast doesn't predict wage price spiral: finance minister

The Reserve Bank says it wants to avoid a wage price spiral. Does Gallagher think the government's policies are risking that?

The bank obviously will keep looking at that ... we're not seeing that, the budget in its forecast doesn't predict that.

Looking at the regulatory arrangements is our first inclination. That work is under way, I can't give you a timeframe on the completion of that.