Oooch! Wages Up, But Still Below Inflation!

Digital Finance Analytics (DFA) Blog

Nov 15 2023 | 00:08:35

00:00 / 00:08:35

Show Notes

Australian wages accelerated at the fastest pace in over 14 years in the three months through September and reached the Reserve Bank’s forecast peak, while still remaining well below the inflation rate. So in real terms average Australian wages continue to go backwards, against inflation at 5.4%. And productivity improvements are nowhere to be seen, as migration continues at a record pace and unit labour costs rise. The ABS says the Wage Price Index rose 4% in the third quarter from a year earlier, above economists’ expectations of 3.9% and matching the RBA’s forecast for year’s end, On a quarterly […]

Other Episodes

Episode 0

April 26, 2021 • 00:37:54

Australia And The Biden Factor... [Podcast]

The White House is driving a range of policies from climate, tax and foreign relations all of which have potential significant impact on Australia....

Episode 0

December 15, 2023 • 00:21:13

How To Stop The Technocrats From Taking Over...

On 7 December 2023, the Senate referred the Treasury Laws Amendment (Reserve Bank Reforms) Bill 2023 [Provisions] to the Senate Economics Legislation Committee for...

Episode

October 06, 2025 • 01:11:20

Its Edwin's Monday Evening Property Rant!

A big outing this week, following the 1st October First Buyer changes, and the myopic reporting in the MSM. What are the real stories...