Annual wage increase ‘highest in 11 years’: Ross Greenwood #Annual #wage #increase #highest #years #Ross #Greenwood #englishheadline


Englishheadline Business Editor Ross Greenwood says public sector wages appear to be catching up with the trajectory of the private sector; this comes off the news the annual wage has increased to 3.7 per cent, “the highest in 11 years”.

According to the ABS, the number of people getting a pay rise from four and six per cent “is right now soaring,” Mr Greenwood said.

Mr Greenwood sat down with Oxford Economics’ Head of Macroeconomic Forecasting Sean Langcake to discuss the financial implications the wage growth will have on Australia’s economy.

English Headline

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