Australia Annual Change in Hourly Rates of Pay  1998-2017 | Data | Chart

Australia's seasonally adjusted Wage Price Index rose 0.5 percent quarter-on-quarter in the three months to March of 2017, following a downwardly revised 0.4 percent gain in the fourth quarter of 2016 and in line with market consensus. Wages in the private sector went up 0.5 percent while those in public sector grew by 0.6 percent. Rises ranged from +0.1 percent for accommodation and food services to +1 percent for education and training. Through the year to the March quarter, the index rose 1.9 percent, the same pace as in the prior quarter, and likewise inline with expectations. Wage Growth in Australia averaged 3.38 percent from 1998 until 2016, reaching an all time high of 4.30 percent in the second quarter of 2008 and a record low of 1.90 percent in the third quarter of 2016.

Australia Annual Change in Hourly Rates of Pay
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-22 12:30 AM Q4 0.5% 0.4% 0.5% 0.3%
2017-05-17 01:30 AM Q1 0.5% 0.4% 0.5%
2017-05-17 01:30 AM Q1 1.9% 1.9% 1.9% 1.9%
2017-08-16 01:30 AM Q2 0.5%
2017-08-16 01:30 AM Q2 1.9% 1.89%
2017-11-16 12:30 AM Q3 1.92%




Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 5.88 11.20 3.98 percent [+]
Employed Persons 12099.30 12061.89 12099.30 5995.76 Thousand [+]
Unemployed Persons 732.28 751.42 958.40 363.60 Thousand [+]
Part Time Employment 48960.00 -13940.00 73040.00 -72820.00 Persons [+]
Full Time Employment -11600.00 73900.00 74900.00 -80900.00 Persons [+]
Employment Change 37400.00 60000.00 99500.00 -74800.00 Persons [+]
Labor Force Participation Rate 64.80 64.78 65.79 60.11 percent [+]
Youth Unemployment Rate 12.80 13.20 20.22 7.61 percent [+]
Productivity 101.90 101.90 104.21 58.20 Index Points [+]
Labour Costs 99.30 101.30 102.50 45.40 Index Points [+]
Job Vacancies 186.40 181.00 190.00 28.40 Thousand [+]
Job Advertisements 169268.16 166852.49 258095.48 69799.00 [+]
Wages 1163.50 1163.50 1163.50 59.10 AUD/Week [+]
Wages In Manufacturing 1295.10 1295.10 1295.10 333.00 AUD/Week [+]
Wage Growth 1.90 1.90 4.30 1.90 percent [+]
Minimum Wages 672.70 672.70 672.70 543.78 AUD/week [+]
Population 24.13 23.94 24.13 10.39 Million [+]
Retirement Age Women 65.50 65.00 65.50 62.00 [+]
Retirement Age Men 65.50 65.00 65.50 65.00 [+]
Wages High Skilled 5350.00 6590.00 6590.00 5000.00 AUD/Month [+]
Living Wage Family 2582.40 2559.90 2657.10 2549.80 AUD/Month [+]
Living Wage Individual 2260.43 2206.65 2299.00 2173.00 AUD/Month [+]
Employment Rate 61.02 61.04 63.41 53.48 percent [+]


Australia Annual Change in Hourly Rates of Pay Notes

In Australia, wage growth measures the annual change in hourly rates of pay excluding bonuses for both public and private sector. This page provides - Australia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Annual Change in Hourly Rates of Pay - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.90 4.30 1.90 1998 - 2017 percent Quarterly
2008-2009= 100; SA



wage growth by Country

Last
Australia 1.90 Mar/17
Euro Area 1.60 Dec/16
France 0.20 Dec/16
Germany 1.10 Dec/16
Italy 0.40 Mar/17
Japan -0.40 Mar/17
Netherlands 1.21 Apr/17
Russia 2.50 Apr/17
Switzerland 0.70 Dec/16
United Kingdom 2.40 Mar/17
United States 5.53 Mar/17