Summary

We are pleased to report that the information which has become available since we filed our initial submission continues to show a strong economic and labour market recovery to date and predictions that this will continue.   The gains made during the recovery are not however translating into meaningful wage growth, suggesting the outputs of the recovery are not being evenly shared between employers and employees and that market forces alone are not expected to correct this unfairness.   Further, and consistent with the concerns we highlighted in our initial submission, additional evidence of financial stress among employees has also become apparent.  

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