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

Australia's seasonally adjusted wage price index rose 2.1 percent year-on-year in the second quarter of 2018, the same pace as in the prior two periods and matching market expectations. Wages in the public sector went up by 2.4 percent and those in the private sector grew by 2.0 percent. In original terms, wage rises ranged from 1.3 percent for mining industries to 2.7 percent for health care industries. On a quarterly basis, wages went up 0.6 percent, also matching market consensus and up from a 0.5 percent increase in the previous period. Wage Growth in Australia averaged 3.26 percent from 1998 until 2018, 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
2018-05-16 01:30 AM Wage Price Index QoQ 0.5% 0.5% 0.6%
2018-08-15 01:30 AM Wage Price Index YoY 2.1% 2.1% 2.1% 2.2%
2018-08-15 01:30 AM Wage Price Index QoQ 0.6% 0.5% 0.6%
2018-11-14 12:30 AM Wage Price Index YoY 2.1% 2.3%
2018-11-14 12:30 AM Wage Price Index QoQ 0.6%


Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.40 11.20 4.00 percent [+]
Employed Persons 12573.57 12522.66 12573.57 5997.85 Thousand [+]
Unemployed Persons 714.10 715.17 959.90 364.54 Thousand [+]
Part Time Employment 9668.00 33364.00 72873.00 -73080.00 Persons [+]
Full Time Employment 41200.00 -19900.00 79900.00 -81000.00 Persons [+]
Employment Change 50900.00 13500.00 99100.00 -75000.00 Persons [+]
Labor Force Participation Rate 65.70 65.50 65.80 60.10 percent [+]
Youth Unemployment Rate 11.30 11.60 20.10 7.60 percent [+]
Productivity 100.90 100.20 104.21 58.20 Index Points [+]
Labour Costs 101.10 101.20 102.50 45.40 Index Points [+]
Job Vacancies 234.20 220.80 234.20 28.40 Thousand [+]
Job Advertisements 178321.99 175660.00 258085.00 69799.00 [+]
Wages 1191.50 1179.00 1191.50 59.10 AUD/Week [+]
Wage Growth 2.10 2.10 4.30 1.90 percent [+]
Wages In Manufacturing 1309.40 1309.40 1309.40 333.00 AUD/Week [+]
Minimum Wages 719.20 694.90 719.20 522.12 AUD/week [+]
Population 24.70 24.13 24.70 10.39 Million [+]
Retirement Age Women 65.50 65.50 65.50 62.00 [+]
Retirement Age Men 65.50 65.50 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 62.10 62.00 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.10 4.30 1.90 1998 - 2018 percent Quarterly
2008-2009= 100; SA




wage growth by Country
Country Last
Australia 2.10 Jun/18
Euro Area 1.80 Mar/18
France 0.70 Mar/18
Germany 1.10 Mar/18
Italy 2.00 Jun/18
Japan 3.60 Jun/18
Netherlands 2.19 Jul/18
Russia 7.20 Jun/18
Switzerland 0.80 Mar/18
United Kingdom 2.40 Jun/18
United States 4.89 May/18


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