Welcome to asia business report. we begin in australia. a planned strike by workers at two massive offshore gas plants run by us major chevron highlight that even with a small dip in inflation, wage pressures are not easing. unions are asking chevon to improve pay and conditions. workers at rival woodside energy last week managed to reach a deal on conditions, and shell did last year as well. in a couple of hours, we ll be getting the latest reading on the country s consumer prices in the month ofjuly. 2 3% is the target. australia managed to achieve that from the 1990s, but since the pandemic, it has seen inflation rise outside the target range, just
Welcome to asia business report. we begin in australia. a planned strike by workers at two massive offshore gas plants run by us major chevron highlight that even with a small dip in inflation, wage pressures are not easing. unions are asking chevon to improve pay and conditions. workers at rival woodside energy last week managed to reach a deal on conditions, and shell did last year as well. in a couple of hours, we ll be getting the latest reading on the country s consumer prices in the month ofjuly. 2 3% is the target. australia managed to achieve that from the 1990s, but since the pandemic, it has seen inflation rise outside the target range, just