Australia's wage growth holds steady at 3.4% in June quarter: ABS

Private sector wages climbed 0.8 per cent in the quarter and 3.4 per cent over the year, while public sector wages grew 1 per cent quarterly and 3.7 per cent annually. Both sectors recorded slower annual growth compared to June 2024, when private wages rose 4.1 per cent and public wages 3.9 per cent.

Only 25 per cent of jobs recorded an annualised wage increase above 4 per cent this quarter, down from 46 per cent a year earlier, ABS noted.

“Annual wage growth to the June quarter 2025 was unchanged from the 3.4 per cent rise seen in the March quarter 2025 but was down from the 4.1 per cent growth at the same time last year,” said Michelle Marquardt, ABS head of prices statistics. “This quarter’s lift in the public sector reflected backdated pay rises from recently approved state-based enterprise agreements coming into effect, coupled with regular scheduled pay increases.”

ALCHEMPro News Desk (SG)