Original article by Ewin Hannan
The Australian Financial Review – Page: 3 : 18-Aug-16
The Wage Price Index for the June 2016 quarter indicates that wages growth has stagnated at 2.1 per cent for the past 12 months. Figures released by the Australian Bureau of Statistics on 17 August 2016 show that wages in the private sector increased by 1.9 per cent over the period, while the public sector recorded wages growth of 2.3 per cent.
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