• Australian wage prices up 0.5% q/q

Market news

17 August 2016

Australian wage prices up 0.5% q/q

In the June quarter 2016, the Private sector index rose 0.4% and the Public sector rose 0.5%. The All sectors quarterly rise was 0.5%.

The Private sector through the year rise to the June quarter 2016 of 1.9% was lower than the Public sector rise of 2.3%. Through the year, All sectors rose 2.1%.

Private sector index rose 0.5% and the Public sector rose 0.6%. The All sectors quarterly rise was 0.5%.

Through the year, All sectors rose 2.1%. The Private sector through the year rise to the June quarter 2016 of 2.0% was lower than the Public sector rise of 2.4%.

In the June quarter 2016, wages grew 0.4% for All sectors for the third consecutive quarter. Wages grew 0.3% in both the Private and Public sectors.

The All sectors through the year rise was 2.1%. The Private sector rose 1.9%, the lowest through the year rise since the beginning of the series in September 1998, and the Public sector rose 2.4%.

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