Original article by Greg Brown, Jack Quail
The Australian – Page: 1 & 4 : 14-Aug-24

Data from the Australian Bureau of Statistics shows that overall wages growth was steady at 4.1 per cent in the year to June. Public sector wages increased by 3.9 per cent in the 12 months to June, compared with 3.1 per cent a year earlier; private sector wage growth was 4.1 per cent, up from 3.9 per cent in the previous 12 months. Meanwhile, public sector wages increased by 0.9 per cent in the June quarter, compared with 0.7 per cent growth for private sector wages. Australian Industry Group CEO Innes Willox has expressed concern that public sector wages are rising at a time when private companies are trying to moderate wages growth to reduce inflationary pressures.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, THE AUSTRALIAN INDUSTRY GROUP