Yesterday’s wages price index released by the ABS revealed a firming of annual wages growth to a still-anaemic 2.2%:
When adjusted for underlying inflation, real wages firmed to 0.4% growth in the year to September:
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Real private sector wages finally begins to rise
Leith van Onselen
Thursday, 15 November 2018
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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.
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