Financial News: Australia Wage Growth Steady At 3.4%

Australia Wage Growth Steady At 3.4%

08/13/2025 - 00:58:00 (RTTNews)

(RTTNews) - Australia wages growth remained stable in the June quarter, the Australian Bureau of Statistics said on Wednesday.

The wage price index grew 3.4 percent on a yearly basis, the same rate of increase as seen in the March quarter.

On a quarter basis, the wage price index rose 0.8 percent in the June quarter, slightly slower than the 0.9 percent rise in the prior period.

"The share of wage changes greater than 4 per cent has declined since this time last year," Michelle Marquardt, ABS head of prices statistics said.

"The smaller proportion of jobs with larger wage increases has contributed to lower overall wage growth," Marquardt added.

Quarterly private sector wages rose 0.8 percent in June, while public sector wages climbed 1.0 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Luxembourg GDP Grows 0.6% In Q2 (45 min(s), 54 sec(s) ago)
(RTTNews) - Luxembourg's economy expanded for a third straight quarter in the three months to ...Full Story»

Czech Retail Sales Growth Eases In July (05 hr(s), 11 min(s), 06 sec(s) ago)
(RTTNews) - The Czech Republic's retail sales growth moderated in July after accelerating in t ...Full Story»

Slovakia Q2 GDP Growth Eases Less Than Estimated (05 hr(s), 22 min(s), 06 sec(s) ago)
(RTTNews) - Slovakia's economic growth moderated less than initially estimated in the second q ...Full Story»

U.S. Adds 22,000 Jobs In August, Far Fewer Than Expected (05 hr(s), 58 min(s), 06 sec(s) ago)
(RTTNews) - Employment in the U.S. rose by much less than expected in the month of August, the Lab ...Full Story»

Eurozone GDP Growth Confirmed At 0.1% (06 hr(s), 01 min(s), 06 sec(s) ago)
(RTTNews) - The eurozone economy registered a marginal growth in the second quarter, as initially ...Full Story»

Ireland Jobless Rate Falls To 4.7% (06 hr(s), 45 min(s), 06 sec(s) ago)
(RTTNews) - Ireland's unemployment rate decreased slightly in August after rising in the previ ...Full Story»

U.S. Employment Rises Much Less Than Expected In August (06 hr(s), 56 min(s), 06 sec(s) ago)
(RTTNews) - Employment in the U.S. rose by much less than expected in the month of August, the Lab ...Full Story»

Romanian Q2 GDP Growth Confirmed At 0.3% (07 hr(s), 02 min(s), 06 sec(s) ago)
(RTTNews) - Romania's economic growth held steady as initially estimated in the second quarter ...Full Story»