New data show wages have risen by a bit more than inflation, but overall real wages are still languishing near 2011 levels.
Over the year to September, wages rose 3.4% in seasonally adjusted terms. That’s according to the latest wage price index data from the Australian Bureau of Statistics (ABS), released on Wednesday.
That’s slightly more than the rate of inflation over the same period – 3.2% – meaning real wages are up by 0.2% over the year to September.
