SKIP TO MAIN CONTENT

Hourly pay rates rose one per cent

Total hourly rates of pay, excluding bonuses, rose by a seasonally adjusted 1.0 per cent in the December quarter, official figures show.

australian_dollar_rise_B_Getty_311369874

1 min read

Published

Updated

Source: AAP


Skip to article content

The wage price index rose 3.9 per cent from a year earlier, the Australian Bureau of Statistics (ABS) said on Wednesday.

The median market forecast was for a rise of 0.9 per cent in the December quarter and 3.8 per cent from a year earlier.

In the September quarter, the index rose by an unrevised 1.1 per cent.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

The index measures movement in underlying wages by calculating the change in the wage and salary cost of a basket of jobs.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world