Income Growth Still Weak

The ABS released the latest wages index data today to September 2019.

The trend and seasonally adjusted indexes for Australia both rose 2.2% through the year to the September quarter 2019. The public sector did better than the private sector.

The original data by state shows TAS and VIC doing better than average, while WA and NT are below average.

In original terms, rises through the year to September quarter 2019 at the industry level ranged from 1.7% for Information, media and telecommunications services to 3.2% for Health care and social assistance.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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