WA Economic Update – Ray of hope in wage inflation data

June 16, 2018 | Category: Economic Update

Although wage growth in Australia (+2.1%), and Western Australia (+1.5%) in particular, remains anaemic, there was one bright note contained in the data released by the ABS this morning. The lesser spotted beast ‘Government cost control’ has appeared with WA public sector annual wage inflation running below private sector wage inflation for the first time in over five years. Rest assured this is not the case countrywide with public sector wage % increases outpacing the private sector in every other major state.

WA Economic Update - Ray of hope in wage inflation data

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