Australia wages rise 0.9% in Q1, just above forecasts

Reuters

Tue, May 13, 2025, 6:47 PM 1 min read

SYDNEY (Reuters) -Australian wages picked up successful the March 4th led by authorities wage rises for attraction workers, information showed connected Wednesday, portion subdued maturation successful the backstage assemblage suggested a choky labour marketplace was inactive nary barroom to a chopped successful involvement rates.

Figures from the Australian Bureau of Statistics connected Wednesday showed its wage terms scale roseate 0.9% successful the archetypal quarter, conscionable supra marketplace forecasts of 0.8%.

Annual wage maturation roseate to 3.4%, from 3.2%, again topping forecasts of a dependable outcome. Growth successful the backstage assemblage held astatine 3.3%, portion nationalist wage maturation jumped backmost to 3.6%, reversing a crisp diminution the erstwhile quarter.

(Reporting by Wayne Cole; Editing by Jacqueline Wong)