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 December of 2016, following a 0.4 percent gain in the third quarter and in line with market consensus. Wages in private sector went up 0.4 percent while those in public sector grew by 0.6 percent. Rises ranged from 1.1 percent for information media and telecommunication services to 0.1 percent for mining, wholesale trade, professional, scientific and technical services and other services. Through the year to December quarter, the index rose 1.9 percent, the same pace as in the prior quarter. 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)
2016-11-16 12:30 AM Q3 0.4% 0.5% 0.5%
2017-02-22 12:30 AM Q4 0.5% 0.4% 0.5% 0.3%
2017-02-22 12:30 AM Q4 1.9% 1.9% 1.9% 1.9%
2017-05-18 01:30 AM Q1 1.9% 1.95%
2017-05-18 01:30 AM Q1 0.5% 1.95%
2017-08-17 01:30 AM Q2 1.94%




Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 5.80 11.10 4.00 percent [+]
Employed Persons 11998.24 11984.74 11998.24 5993.28 Thousand [+]
Unemployed Persons 720.25 739.56 953.57 365.22 Thousand [+]
Part Time Employment 58340.00 5070.00 75650.00 -76630.00 Persons [+]
Full Time Employment -44800.00 11300.00 76800.00 -72900.00 Persons [+]
Employment Change 13500.00 16300.00 90200.00 -69800.00 Persons [+]
Labor Force Participation Rate 64.60 64.70 65.80 60.14 percent [+]
Youth Unemployment Rate 12.30 13.10 20.22 7.61 percent [+]
Productivity 101.90 103.50 104.21 58.20 Index Points [+]
Labour Costs 101.30 99.90 102.50 45.40 Index Points [+]
Job Vacancies 181.00 175.30 190.00 28.40 Thousand [+]
Job Advertisements 167163.66 161008.07 258106.76 72752.60 [+]
Wages 1160.90 1145.70 1160.90 59.10 AUD/Week [+]
Wage Growth 1.90 1.90 4.30 1.90 percent [+]
Wages In Manufacturing 1282.70 1266.90 1282.70 333.00 AUD/Week [+]
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 3360.00 2549.80 AUD/Month [+]
Living Wage Individual 2260.43 2206.65 2299.00 2173.00 AUD/Month [+]
Employment Rate 61.49 61.11 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 February of 2017.

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



Last
Australia 1.90 Dec/16
Belarus 7.97 Dec/16
Belgium 2.20 Jun/16
Cyprus -0.70 Sep/16
Czech Republic 4.00 Sep/16
Estonia 7.50 Jun/16
Euro Area 1.60 Sep/16
European Union 2.00 Sep/16
France 0.30 Jun/16
Germany 1.80 Sep/16
Hungary 5.70 Dec/16
Iceland 7.50 Nov/16
Italy 0.40 Dec/16
Japan 0.10 Dec/16
Macedonia 2.70 Mar/16
Netherlands 1.30 Jan/17
Norway 11.60 Sep/16
Poland 4.30 Jan/17
Portugal 3.20 Nov/16
Russia 103.10 Jan/17
Slovakia 4.00 Sep/16
Slovenia 3.68 Dec/16
Switzerland 0.60 Sep/16
Ukraine 23.80 Dec/16
United Kingdom 2.60 Dec/16
United States 3.57 Dec/16