19.11.202500:38:31UTC+00Australia Wage Growth Meets Market Forecasts

Australia's seasonally adjusted Wage Price Index maintained a year-over-year growth rate of 3.4% in Q3 2025, consistent with the previous quarter and aligning with market expectations. Public sector wages experienced a slight increase, rising by 3.8% compared to 3.7% in Q2. Meanwhile, private sector wages saw a growth of 3.2%, a decrease from the previous 3.4% increase. In original terms, the industries of electricity, gas, water, waste services, and public administration saw the most significant annual wage increases, each at 4.3%. These were trailed by the healthcare and social assistance sector with a 3.8% rise, and the mining industry at 3.6%. Roles within healthcare and social assistance were the primary drivers of quarterly wage growth. On a quarterly scale, the overall wage prices increased by 0.8%, matching the growth rate of the preceding quarter and meeting market projections.