6345.0 - Wage Price Index, Australia, Sep 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 14/11/2018 Released Today  
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SEPTEMBER KEY FIGURES

Jun Qtr 2018 to Sep Qtr 2018
Sep Qtr 2017 to Sep Qtr 2018
% change
% change

Wage Price Index (WPI)
Total hourly rates of pay excluding bonuses
Trend(a)
Australia
0.5
2.2
Sector
Private
0.5
2.1
Public
0.6
2.5
Seasonally Adjusted(b)
Australia
0.6
2.3
Sector
Private
0.5
2.1
Public
0.6
2.5
Original
Australia
1.0
2.3
Sector
Private
1.0
2.2
Public
0.9
2.5

(a) See Explanatory Notes paragraphs 39-40, 42. (b) See Explanatory Notes paragraphs 32-38, 42.



Graph Image for Quarterly changes, Trend, Total hourly rates of pay excluding bonuses


Graph Image for Annual change, Original, Total hourly rates of pay excluding bonuses - States and Territories
SEPTEMBER KEY POINTS


TOTAL HOURLY RATES OF PAY EXCLUDING BONUSES

QUARTERLY CHANGE (JUN QTR 2018 TO SEP QTR 2018)
  • The trend index rose 0.5% and seasonally adjusted index rose 0.6% for Australia in the September quarter 2018. This continued the moderate rate of wage growth recorded by the series over the last four years.
  • The Private and Public sector rose 0.5% and 0.6% respectively, seasonally adjusted.
  • The highest index rise at an industry level (in original terms) was recorded in Accommodation and food services (1.9%) and the lowest in Finance and insurance services (0.4%).


ANNUAL CHANGE (SEP QTR 2017 TO SEP QTR 2018)
  • The trend and seasonally adjusted indexes for Australia rose 2.2% and 2.3% respectively through the year to the September quarter 2018.
  • In original terms, rises through the year to September quarter 2018 at the industry level ranged from 1.8% for Mining and Retail trade to 2.8% for Health care and social assistance.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2018 20 February 2019
March 2019 15 May 2019
June 2019 14 August 2019
September 2019 13 November 2019


UPDATE ON THE SIZE AND FREQUENCY OF WAGE CHANGES

This issue contains a feature article titled "Update on the Size and Frequency of Wage Changes" which is based on the research undertaken by James Bishop, Senior Research Economist, Reserve Bank of Australia on secondment to the ABS. The article provides an update of earlier research on the size and frequency of wage changes. The article is available on the ABS website 6345.0 - Wage Price Index, Australia, Sep 2018 Feature Article: Update on the Size and Frequency of Wage Changes.


FUTURE CHANGES

The expenditure weights used to compile the WPI will be updated in the December quarter 2018 using the expenditure on wages and salaries from the 2018 Survey of Employee Earnings and Hours.


DATA REFERENCES

Data referenced in the Key Points and Commentary are available from the tables shown in this publication or in the corresponding tables of this publication on the ABS website <http://www.abs.gov.au>.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or WPI on Perth (08) 9360 5151. The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to us.