Wages in Australia rose by 0.6 per cent in the September quarter 2018, according to the recent figures released by the Australian Bureau of Statistics (ABS). 

In detail, private sector wages rose by 0.5 per cent and public sector wages rose by 0.6 per cent, from the June quarter 2018 to the September quarter 2018. 

In addition, the annual private sector wages rose by 2.1 per cent, and public sector wages by 2.5 per cent from the year to September quarter 2018. 

Overall annual growth in Australia was 2.3 per cent, which was the highest growth rate since September quarter 2015. 

“There was a higher rate of wage growth recorded across the majority of industries in comparison to this time last year, reflecting the influence of improved labour market conditions,” ABS Chief Economist Bruce Hockman said. 

The annual growth to the September quarter 2018 included 1.8 per cent rise from the Mining and Retail trade industries, and 2.8 per cent rise from Health care and social assistance industry. 

While Tasmania recorded the highest growth of 2.6 per cent, Western Australia recorded the lowest growth of 1.8 per cent. 

The next Wage and Price Index (WPI) will be updated with the data from December quarter 2018, and be released on 20 February 2019. 

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