Australia Annual Change in Hourly Rates of Pay  1998-2018 | Data | Chart

Australia's seasonally adjusted Wage Price Index rose 0.5 percent quarter-on-quarter in the three months to September of 2017, matching the gain for the second quarter of 2017 and below market consensus of 0.7 percent. Wages in both the private and public sector went up by 0.5 percent. The rises ranged from 0.2 percent for mining to 1.8 percent for accommodation & food services. Through the year to the September quarter, the index rose 2.0 percent, edging up from 1.9 percent in the prior quarter, and likewise below expectations of 2.2 percent. Wage Growth in Australia averaged 3.30 percent from 1998 until 2017, 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 fourth quarter of 2016.

Australia Annual Change in Hourly Rates of Pay
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Calendar GMT Actual Previous Consensus TEForecast
2017-08-16 01:30 AM Wage Price Index YoY 1.9% 1.9% 1.9% 1.9%
2017-11-15 12:30 AM Wage Price Index QoQ 0.5% 0.5% 0.7%
2017-11-15 12:30 AM Wage Price Index YoY 2.0% 1.9% 2.2% 1.9%
2018-02-21 12:30 AM Wage Price Index QoQ 0.5% 0.5%
2018-02-21 12:30 AM Wage Price Index YoY 2.0% 2% 2.1%
2018-05-16 01:30 AM Wage Price Index YoY 2.19%


Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.50 5.60 11.20 4.00 percent [+]
Employed Persons 12453.50 12440.80 12453.50 5995.53 Thousand [+]
Unemployed Persons 723.80 730.60 958.37 363.52 Thousand [+]
Part Time Employment 65900.00 19500.00 71731.00 -72750.00 Persons [+]
Full Time Employment -49800.00 15100.00 75000.00 -80900.00 Persons [+]
Employment Change 16000.00 33500.00 99500.00 -74900.00 Persons [+]
Labor Force Participation Rate 65.60 65.70 65.80 60.10 percent [+]
Youth Unemployment Rate 12.30 12.30 20.22 7.61 percent [+]
Productivity 100.80 102.20 104.21 58.20 Index Points [+]
Labour Costs 100.50 99.80 102.50 45.40 Index Points [+]
Job Vacancies 210.80 201.30 210.80 28.40 Thousand [+]
Job Advertisements 177960.57 167521.09 258085.67 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 2.00 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 [+]
Living Wage Family 3420.00 3440.00 3460.00 3420.00 AUD/Month [+]
Living Wage Individual 2420.00 2430.00 2440.00 2420.00 AUD/Month [+]
Wages Low Skilled 2440.00 2660.00 2660.00 2440.00 AUD/Month [+]
Wages High Skilled 6110.00 6250.00 6250.00 6110.00 AUD/Month [+]
Employment Rate 62.00 61.90 62.90 54.00 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.90 4.30 1.90 1998 - 2017 percent Quarterly
2008-2009= 100; SA




wage growth by Country
Country Last
Australia 2.00 Sep/17
Euro Area 1.60 Sep/17
France 0.30 Sep/17
Germany 0.70 Sep/17
Italy 0.70 Dec/17
Japan 0.70 Dec/17
Netherlands 1.74 Jan/18
Russia 6.20 Jan/18
Switzerland 0.50 Sep/17
United Kingdom 2.50 Nov/17
United States 4.47 Nov/17


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