Real private sector wages are stuck in the donut zone

Thursday, 17 May 2018

Yesterday’s wages price index released by the ABS revealed continued weak wages growth, with ongoing divergence between the private and public sectors:

When adjusted for underlying inflation, real wages increased by a measly 0.1% in the year to March:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.