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Showing 11 - 20 of 66 results for "Wage Price Index"

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
... lower dollar figures on their pay slips over the past quarter (cough, cough), but generally - and as the ABS wage price index report shows - our pay packets have still grown from a year ago. It's only the rate of growth in wages that has slowed. ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... latest update on the growth of wages among the country's workers is that it's not. The Statistician's "Wage Price Index" report showed total wages grew by 2.2% in the year to the December 2019 quarter - unchanged from the previous quarter ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... Westpac-Melbourne Institute index of consumer sentiment (along with retail sales - released on November 4). November 13: Wage Price Index November 14: Australian Labour Force Report Weakening employment growth has already been flagged by successive readings ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... quarter." That's Australian Bureau of Statistics (ABS) Chief Economist Bruce Hockman take on the results of the Wage Price Index (WPI) report that showed wages - total hourly rates of pay excluding bonuses - grew by 2.3% in the year to the March ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
... 0.8% in the year to February 2019 (they were growing at around 2% per annum in the 1990s), while Australia's wage price index growth of 2.3% in the year to the December 2018 quarter is just a fraction of the 4.0%-4.5% annual rate registered in the ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
... household income and falling housing prices in some cities." Speaking of household income, the Budget predicts the wage price index - up 2.3% in the December quarter - to grow by 2.5% in FY 2018/19 (still feasible) before accelerating to 2.75% the following ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
... That's Australian Bureau of Statistics (ABS) chief economist Bruce Hockman talking about the results of the Wage Price Index (WPI) report that showed wages - total hourly rates of pay excluding bonuses - grew by 2.3% in the year to the September ...

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
... due to the high level of Australian household indebtedness and more to the point, stagnant wage growth - the wage price index increased by just 2.1% in the June quarter (latest available) from 2% in the previous quarter. This is far slower than the 4%-4.5% ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
... painfully stuck in the very slow 2-2.1% over the past 10 quarters. The Australian Bureau of Statistics' (ABS) Wage Price Index (WPI) report showed that wages - total hourly rates of pay excluding bonuses - grew by 2.1% in the year to the June quarter. ...

Chief economist update: Not before we get a pay rise

BENJAMIN ONG  |  MONDAY, 6 AUG 2018
... earth-shattering revelation but it confirms the stagnant growth in wages in the Australian Bureau of Statistics' (ABS) Wage Price Index (WPI) report and portends that the June quarter would not be much different from the 2.1% growth in the March ...