Low wage growth continues in Australia in September quarter 2016
Through the year to September quarter 2016 the WPI rose 1.9 percent, a new low for the series.
Seasonally adjusted, private sector wages grew 0.4 percent and public sector wages grew 0.6 percent in the September quarter 2016. Through the year private sector wages continue to grow at a slower pace than the public sector, 1.9 percent compared to 2.3 percent.
The accommodation and food services industry recorded the highest quarterly rise of 1.7 percent in September quarter 2016 and the mining industry recorded the lowest quarterly rise of 0.1 percent.
Through the year wage growth is now below 2.5 percent for all industries. In the September quarter 2016 wage growth ranged from 1.0 percent for mining to 2.4 percent for health care and social assistance. ■