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
- Follow our Australia news live blog for latest updates
- Get our morning and afternoon news emails, free app or daily news podcast
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.
Continue reading...