Published 2 years ago

Wages growth edges up, but still a long way short of the rising cost of living

Summary by Ground News

Wages are expected to pick up later this year, including in the September quarter, the first of the new financial year. The Reserve Bank of Australia this month forecast three consecutive years of real wages going backwards; with an increase not expected until 2023-24. Prime Minister Scott Morrison said real wages were about 18 months away.

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The Guardian

Real incomes shrink as wages growth of 0.7% in March quarter falls behind inflation

Labor says figures released by the ABS show gap between wage growth and cost of living increases in Australia is now the largest in more than two decades

2 years ago·London, United Kingdom

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ABC Australia

Bonnie is one of many employers struggling to find staff, so why aren't workers being paid more?

Australian workers saw their base wages rise 2.4 per cent over the past year, but inflation more than double that rate meant their real wages "collapsed", according to economists.

2 years ago·Australia

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The West Australian

‘Really ugly’: Wages up 0.7 per cent in March quarter

The 2.4 per cent annual growth is well below annual inflation of 5.1 per cent, new official data shows, and will increase the political pressure on the issue.

2 years ago

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SBS News

Sluggish wage growth lagging behind inflation, figures show

The Australian Bureau of Statistics (ABS) has released the quarterly Wage Price Index (WPI) which rose 0.7 per cent in the March quarter.

2 years ago·Sydney, Australia

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7NEWS Australia

The surprising industry where wages are going up fastest - and you don’t need a degree

Australia’s latest wage figures have just been released - and it’s good news if you work in these industries.

2 years ago·Australia

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9News

Australian wages grow 2.4 per cent annually, far below inflation

2 years ago·Australia

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Leaning Left4Leaning Right4Center1Last Updated2 years agoBias Distribution

44% Left, 44% Right

Bias Distribution

44% of the sources lean Left, 44% of the sources lean Right

44% Right

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Wages growth edges up, but still a long way short of the rising cost of living

0 Articles

0 Articles

Real incomes shrink as wages growth of 0.7% in March quarter falls behind inflation

Real incomes shrink as wages growth of 0.7% in March quarter falls behind inflation

Bonnie is one of many employers struggling to find staff, so why aren't workers being paid more?

Bonnie is one of many employers struggling to find staff, so why aren't workers being paid more?

‘Really ugly’: Wages up 0.7 per cent in March quarter

‘Really ugly’: Wages up 0.7 per cent in March quarter

Sluggish wage growth lagging behind inflation, figures show

Sluggish wage growth lagging behind inflation, figures show

The surprising industry where wages are going up fastest - and you don’t need a degree

The surprising industry where wages are going up fastest - and you don’t need a degree

Australian wages grow 2.4 per cent annually, far below inflation

Australian wages grow 2.4 per cent annually, far below inflation

Coverage Details

Bias Distribution

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