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Wage Price Index, Australia, March 2023
In March quarter 2023, the seasonally adjusted WPI rose 0.8% this quarter and 3.7% over the year. • The private sector rose 0.8% and the public sector rose 0.9%. • The most significant industry contributors to wage growth were Education and training (1.5%) and Professional, scientific and technical services (0.9%). Main features: chart Wage Price Index (WPI) Total hourly rates of pay excluding bonuses: table An increase in the size of average hourly wage change in both the private and public sector was the main driver of wage growth over the quarter. Seasonally adjusted private sector wages rose 0.8% over the ... (full story)