Advertisement
Last week, SEEK released its annual salary tracker, which fell to 3.7% in the year to September 2022, down from a peak of around 4.5%:
The latest Enterprise Bargaining Agreement (EBA) data has been released by the Fair Work Commission, with average annualised wage increases in newly-lodged collective agreements plunging to just 2.4%:
Advertisement
The agreements lodged cover 26,449 employees with an effective duration of four years:
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement