Australia’s wage price index rose by 0.8 per cent in Q2 2024.
On an annual basis, wages held flat at 4.1 per cent per year, but are still down from the peak of 4.2 per cent per year in December, Westpac IQ has said.
Wage inflation moderated in H1 2024.
Private sector wages rose by 0.7 per cent in June, representing an ongoing moderation in quarterly gains.
On an annual basis, wages held flat at 4.1 per cent per year, but are still down from the peak of 4.2 per cent per year in December, Westpac IQ has said.
Wage inflation moderated in H1 2024.
Private sector wages rose by 0.7 per cent in June, representing an ongoing moderation in quarterly gains.
