EBAs signal uptick in Aussie wage growth

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New fortnightly data from the Fair Work Commission (FWC) shows that that 153 applications for enterprise agreements covering 19,132 ­people were lodged from 2-15 July, with an average wage rise of 3.2%.

Enterprise agreement summary

This represented an increase from the average wage growth of 2.6% in new agreements approved in the March and December quarters.

The proposed wage increases in the latest batch of data range from an average of 2.6% for about 1,000 storage service workers to 5.6% for 1,329 children’s services workers.

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Enterprise agreement wage rises

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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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