Wages Top Inflation for First Time in 3 Years

Average full time workers saw an increase across the board of 4.2 percent for the year.
Wages Top Inflation for First Time in 3 Years
Wage growth has surpassed the rate of inflation in Australia. Squirrel_photos/pixabay
Jim Birchall
Updated:
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The strongest wage growth since 2013 has seen an average bump of $81 to the pay packets of Australian workers, as wages top the rate of inflation for the first time since 2021.

According to new seasonally-adjusted figures released by the Australian Bureau of Statistics (ABS) for the December 2023 quarter, the average weekly ordinary time earnings for adults working full-time increased by 0.9 percent to $1,888.80, coupled with a rise of 4.2 percent across the year.

Jim Birchall
Jim Birchall
Author
Jim Birchall has written and edited for several regional New Zealand publications. He was most recently the editor of the Hauraki Coromandel Post.
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