Turf QLD Industry Alert |ABS Wage Price Index, Australia, Sep 2016

ABS Wage Price Index, Australia, Sep 2016 

• September 2016 quarterly increase (June 2016 to September 2016) 0.4%
• Annual increase (September quarter 2015 to September quarter 2016) 1.9%

SEPTEMBER 2016 KEY POINTS

TOTAL HOURLY RATES OF PAY EXCLUDING BONUSES

QUARTERLY CHANGE (JUN QTR 2016 TO SEP QTR 2016)

• The trend index and the seasonally adjusted index for Australia both rose 0.4% in the September quarter 2016.
• The Private sector rose 0.4% and the Public sector rose 0.6%, seasonally adjusted.
• The rises in indexes at the industry level (in original terms) ranged from 0.1% for Mining to 1.7% for Accommodation and food services.

ANNUAL CHANGE (SEP QTR 2015 TO SEP QTR 2016)

• The trend and seasonally adjusted indexes for Australia both rose 1.9% through the year to the September quarter 2016.

Rises in the original indexes through the year to the September quarter 2016 at the industry level ranged from 1.0% for Mining to 2.4% for Health care and social assistance.