Wednesday 22nd February 2012

Pay rises moderate

by Alan Thornhill

Western Australia – and the Northern Territory – led the nation’s private sector wage rises last year, with an average increase of 4 per cent.

However figures just released by the Australian Bureau of Statistics show that wage pressures generally remain moderate.

On original figures, the Bureau’s labour price index showed that total hourly rates of pay rose by 3.8 per cent in the private sector and 3.2 per cent in the public sector last year.

The rises in the December quarter were 0.9 per cent for private sector employees and 0.8 per cent for those in the public sector.

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Profile

Alan Thornhill is a parliamentary press gallery journalist. Private Briefing is updated daily with Australian personal finance news, analysis, and commentary.

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