ABS update: Wages rose 0.5% in the December quarter

ABS update Wages rose 0.5 in the December quarter

According to figures released by the Australian Bureau of Statistics (ABS), the Wage Price Index (WPI) rose by 0.5%, seasonally adjusted, in the December quarter in 2019. WPI also rose 2.2% through last year.

Victoria had the highest recorded wage growth of 2.6%. Western Australia had the lowest wage growth if 1.7%, making it the lowest for the sixth consecutive quarter.

The health care and social assistance industry’s annual wage growth in 2019 was high at 3.1%, while the information media and telecommunication services industry only rose by 1.6%.

Private sector wages grew at a faster rate than the public sector for the first time since 2012, with private growing at 0.5% and public growing at 0.4%.

Sign up to our newsletter