Original article by Ewin Hannan
The Australian – Page: 5 : 12-Nov-24

Data from the Australian Human Resources Institute shows that 23 per cent of employers intend to impose a wage freeze in the year to October 2025. This compares with 16 per cent of respondents to its survey in the Septemer quarter. Respondents also indicated that they expect a mean basic pay increase of just 2.7 per cent excluding bonuses in the next year; Australia’s annual inflation rate was 2.8 per cent in the year to September. AHRI CEO Sarah McCann-Bartlett said the data provides further evidence that the surge in wages growth over the last two years might have peaked.

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AUSTRALIAN HUMAN RESOURCES INSTITUTE