Article 6PY4D Public sector wages increase at second fastest pace in 14 years, ABS data shows

Public sector wages increase at second fastest pace in 14 years, ABS data shows

by
Peter Hannam Economics correspondent
from World news | The Guardian on (#6PY4D)

Private sector wages growth was up just 0.7% for the June quarter, the equal lowest since the end of 2021

Public sector wages have increased at the second-fastest pace in nearly fourteen years, largely thanks to a synchronised pay increase for the entire cohort in March, the Australian Bureau of Statistics (ABS) said on Tuesday.

Public sector wages were up 0.9% in the June quarter, after increasing 0.6% in the March quarter - meaning pay packets had increased 3.9% in the last 12 months.

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