Wage Price Index

• Q3 Quarter 2020

  November 18, 2020

  The Wage Price Index, rose a seasonally adjusted 0.1% in Q3 2020 (exp. 0.2%) with annual growth falling to a fresh record low of 1.4%.

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• Q2 2020

  August 12, 2020

  Seasonally-adjusted growth in the wage price index slowed to 0.2% in Q2 2020 from 0.5% in the previous quarter. This was the slowest growth on record.

  Wages increased mainly in the public sector. In the private sector, wages ticked up by just 0.1% in seasonally-adjusted terms.

  In Western Australia, wage growth decelerated slightly in the quarter, yet was the slowest of all states through the year.

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• March Quarter 2020

  May 13, 2020

  Wages grew in line with expectations in Q1 2020.

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• December Quarter 2019

  February 19, 2020

  The Wage Price Index, measuring total hourly rates of pay (ex bonuses), rose a seasonally adjusted 0.5% in Q4 2019, in line with expectations and at the same pace as in the previous quarter.

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• September Quarter 2019

  November 13, 2019

  The Wage Price Index, measuring total hourly rates of pay (excluding bonuses), rose a seasonally adjusted 0.5% in Q3. Annual wages growth slipped 0.2ppt to 2.2% YoY.

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• June Quarter 2019

  August 14, 2018

  The Wage Price Index, measuring total hourly rates of pay (excluding bonuses), rose a seasonally adjusted 0.6% in Q2. This follows a 0.5% rise in Q1. Annual wages growth was steady at 2.3% YoY.

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