Australia Annual Change in Hourly Rates of Pay  1998-2016 | Data | Chart

Australia's seasonally adjusted Wage Price Index rose 0.4 percent quarter-on-quarter in the three months to September of 2016, following a 0.5 percent gain in the June quarter and below market consensus of a 0.5 percent growth. Wages in private sector went up 0.4 percent while those in public sector grew by 0.6 percent. Rises ranged from 1.7 percent for accommodation and food services industry to 0.1 percent for mining. Through the year to September quarter, the index rose 1.9 percent, a new low for the series. 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)
2016-08-17 01:30 AM Q2 2.1% 2.1% 2% 2%
2016-11-16 12:30 AM Q3 0.4% 0.5% 0.5%
2016-11-16 12:30 AM Q3 1.9% 2.1% 2.0% 2.0%
2017-02-24 12:30 AM Q4
2017-02-24 12:30 AM Q4
2017-05-18 01:30 AM Q1




Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 5.60 11.10 4.00 percent [+]
Employed Persons 11938.88 11947.17 11965.57 5993.60 Thousand [+]
Unemployed Persons 705.12 705.07 953.14 365.04 Thousand [+]
Part Time Employment -31700.00 43186.00 75635.00 -76628.00 [+]
Full Time Employment 41500.00 -74300.00 77100.00 -74300.00 [+]
Employment Change 9800.00 -29000.00 90300.00 -69800.00 Persons [+]
Labor Force Participation Rate 64.40 64.40 65.80 60.14 percent [+]
Youth Unemployment Rate 12.61 12.81 20.22 7.61 percent [+]
Productivity 103.50 102.30 104.21 58.20 Index Points [+]
Labour Costs 99.90 100.10 102.50 45.40 Index Points [+]
Job Vacancies 175.30 171.90 190.00 28.40 Thousand [+]
Job Advertisements 164438.00 161499.00 258106.76 72752.60 [+]
Wages 1160.90 1145.70 1160.90 59.10 AUD/Week [+]
Wage Growth 1.90 2.10 4.30 1.90 percent [+]
Wages In Manufacturing 1282.70 1266.90 1282.70 333.00 AUD/Week [+]
Minimum Wages 656.90 640.90 656.90 543.78 AUD/week [+]
Population 23.94 23.61 23.94 10.39 Million [+]
Retirement Age Women 64.50 64.50 64.50 62.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wages High Skilled 5350.00 6590.00 6590.00 5000.00 AUD/Month [+]
Living Wage Family 3500.00 3360.00 3500.00 3360.00 AUD/Month [+]
Living Wage Individual 2260.00 2260.00 2260.00 2240.00 AUD/Month [+]
Employment Rate 60.77 60.60 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
1.90 2.10 4.30 1.90 1998 - 2016 percent Quarterly
2008-2009= 100; SA



Last
Australia 1.90 Sep/16
Belarus 6.79 Sep/16
Belgium 2.20 Jun/16
Cyprus -0.50 Jun/16
Czech Republic 4.00 Sep/16
Estonia 7.50 Jun/16
Euro Area 0.90 Jun/16
European Union 1.30 Jun/16
France 0.30 Jun/16
Germany 2.30 Jun/16
Hungary 6.70 Sep/16
Iceland 8.50 Oct/16
Italy 0.60 Oct/16
Japan 0.10 Oct/16
Macedonia 2.70 Mar/16
Netherlands 1.97 Oct/16
Norway 7.44 Jun/16
Poland 3.60 Oct/16
Portugal 2.30 Aug/16
Russia 102.00 Oct/16
Slovakia 4.00 Sep/16
Slovenia 2.08 Sep/16
Switzerland 0.50 Jun/16
Ukraine 23.37 Sep/16
United Kingdom 2.30 Sep/16
United States 4.32 Oct/16