Lower wage rises are "the new normal" with most workers likely to see increases of between 2 and 3 per cent for the foreseeable future, the Reserve Bank has conceded even as it tries to get them growing faster.

Deputy governor Guy Debelle, in a speech to the Australian Council of Social Service in Canberra on Tuesday, said the bank's business liaison program suggested 80 per cent of all businesses expect "stable" wages growth in the coming year. Just 10 per cent are tipping stronger growth while the remaining 10 per cent believe it may slow.

The bank has taken official interest rates down to 0.75 per cent in a bid to tighten the jobs market and lift wages. Wages growth has slowed to a 15 month low of 2.2 per cent over the past year.

RBA deputy governor Guy Debelle says low wages growth is likely to be the "new normal" for most Australians. Credit:Edwina Pickles

Dr Debelle said it appeared most workers should prepare for sluggish wages growth for an extended period of time.