Australian wage growth lowest ever in Q2


SYDNEY: Australian wages grew at their slowest pace on record in the second quarter, underscoring the damage the coronavirus has done to household spending, after recent data showed consumer confidence and business conditions were hit.

The official wage price index (WPI) rose 0.2% in the three months to the end of June, the Australian Bureau of Statistics (ABS) reported yesterday.

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Australia , covid , Jobs

   

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