6345.0 - Wage Price Index, Australia, Jun 2015 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 12/08/2015   
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MEDIA RELEASE
12 August 2015
Embargoed: 11.30 am (Canberra time)
88/2015
Wage growth remains low

The seasonally adjusted Wage Price Index (WPI) rose 0.6 per cent in the June quarter 2015 and 2.3 per cent over the last year, according to figures released today by the Australian Bureau of Statistics (ABS).

In the June quarter 2015, Private sector wages grew 0.5 per cent and Public sector wages grew 0.7 per cent (seasonally adjusted).

Private sector seasonally adjusted wage growth of 2.2 per cent over the last year is the lowest rate of wages growth since the start of the WPI series. The through-the-year series was first published in September quarter 1998. In the Public sector, wages grew 2.5 per cent over the last year.

In the June quarter, the largest rise of all industries (original series) is 0.8 per cent in Financial and insurance services. Rental, hiring and real estate services had the smallest rise of 0.1 per cent.

Further information is available in Wage Price Index, Australia (cat. no. 6345.0), available for free download from the ABS website: https://www.abs.gov.au

Media note:

  • Please ensure when reporting on ABS data that you attribute the Australian Bureau of Statistics (or the ABS) as the source.
  • Media requests and interviews - contact the ABS Communications Section on 1300 175 070.