6345.0.55.001 - Information Paper: Update on ANZSIC 2006 Implementation for Labour Price Index, 2009  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 24/06/2009   
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  • About this Release

The Labour Price Index measures changes in the price of labour services resulting from market pressures, and is unaffected by changes in the quality or quantity of work performed. It is unaffected by changes in the composition of the labour force, hours worked, or changes in characteristics of employees (e.g. work performance). Information about the wage price indexes has been released for each quarter since September 1997. Individual indexes are published for various combinations of state and territory, public and private sectors, and broad industry groups.