Quantcast
Subscribe to our newsletter

Wage growth slips again to 2.2 per cent

Australian workers' wages have continued to stagnate below long-term growth rates and, if anything, have showed signs of further weakness, with average pay packets rising just 2.2 per cent over the year.

Wage growth slips again to 2.2 per cent
smsfadviser logo
  • Shared by the ABC
  • November 14, 2019
share this article

In seasonally adjusted terms, wages rose by 0.5 per cent in the September quarter, down from 0.6 per cent in the June quarter, and taking year-on-year growth down from the 2.3 per cent recorded in the last figures.

Read more at the ABC.  

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles