Australia's seasonally adjusted Wage Price Index rose 3.4% year-on-year in Q2 2025, matching the previous quarter's pace and exceeding expectations for a 3.3% increase. Acceleration in both the public and private sectors drove stronger-than-expected growth.
Public sector wages jumped 4.7%, up from 3.6% in Q1, while private sector wages rose 3.4%, compared with 3.3% previously. This marks a recovery for the private sector, which had previously recorded its weakest growth since Q2 2022 in the previous two quarters.
Overall, the electricity, gas, water, and waste services industry recorded the highest annual wage increase of 5.0%, followed by information media & telecommunications and health & social assistance services, which both rose 3.9%. The main contributors to quarterly wage growth were roles in professional, scientific, and technical services. On a quarterly basis, wage prices increased by 0.8%, down from the 0.9% increase in the previous quarter and in line with market expectations. (alg)
Source: Trading Economics
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