Saturday, September 18, 2021

Aussie salaries up just 1.5 per cent in 12 months

Australian wages have lifted just 0.6 per cent over the past quarter and 1.5 per cent over the past 12 months, new data from the Wage Price Index (WPI) has revealed.

Those in the private sector received slightly more (0.6 per cent) in their paypacket than those in the public sector, which lifted just 0.4 per cent.

Electricity, gas, water and waste services, rental, hiring and real estate services and Arts and recreation services each recorded the lowest quarterly rise of 0.1 per cent.

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The rental, hiring and real estate services industry also recorded the lowest annual rise of 0.4 per cent.

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