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 June of 2017, following an upwardly revised 0.6 percent gain in the first quarter of 2017 and in line with market consensus. Wages in the private sector went up 0.4 percent while those in public sector grew by 0.6 percent. Rises ranged from 0 percent for public administration & safety to +0.8 percent for mining and electricity, gas, water & waste. Through the year to the June 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 Actual Previous Consensus TEForecast
2017-05-17 01:30 AM Wage Price Index QoQ 0.5% 0.4% 0.5%
2017-08-16 01:30 AM Wage Price Index YoY 1.9% 1.9% 1.9% 1.9%
2017-08-16 01:30 AM Wage Price Index QoQ 0.5% 0.6% 0.5%
2017-11-16 12:30 AM Wage Price Index YoY 1.9% 1.94%
2017-11-16 12:30 AM Wage Price Index QoQ 0.5%


Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.50 5.60 11.20 4.00 percent [+]
Employed Persons 12290.20 12268.96 12290.20 5995.68 Thousand [+]
Unemployed Persons 711.46 727.45 958.42 363.58 Thousand [+]
Part Time Employment 13693.00 13564.00 72154.00 -72678.00 Persons [+]
Full Time Employment 6100.00 39500.00 75000.00 -80900.00 Persons [+]
Employment Change 19800.00 53000.00 99500.00 -74800.00 Persons [+]
Labor Force Participation Rate 65.20 65.20 65.80 60.10 percent [+]
Youth Unemployment Rate 12.60 12.70 20.22 7.61 percent [+]
Productivity 102.20 102.10 104.21 58.20 Index Points [+]
Labour Costs 99.80 99.30 102.50 45.40 Index Points [+]
Job Vacancies 201.30 189.20 201.30 28.40 Thousand [+]
Job Advertisements 180700.00 180786.00 258097.00 69799.00 [+]
Wages 1179.00 1163.50 1179.00 59.10 AUD/Week [+]
Wages In Manufacturing 1254.10 1295.10 1295.10 333.00 AUD/Week [+]
Wage Growth 1.90 1.90 4.30 1.90 percent [+]
Minimum Wages 694.90 672.70 694.90 543.78 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 61.24 61.41 63.41 53.48 percent [+]


Australia Annual Change in Hourly Rates of Pay

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 October 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 Jun/17
Euro Area 2.00 Jun/17
France 0.50 Mar/17
Germany 1.20 Jun/17
Italy 0.60 Aug/17
Japan 0.90 Aug/17
Netherlands 1.48 Sep/17
Russia 2.60 Sep/17
Switzerland 0.70 Dec/16
United Kingdom 2.20 Aug/17
United States 2.95 May/17