Wages and labour costs · Australia
Australia Wage Price Index QoQ
The Australia Wage Price Index QoQ measures how fast pay, or the total cost of employing people, is rising in Australia.
- Wichtigkeit
- Medium
- Veröffentlicht
- Quarterly
- Nächste Veröffentlichung
- Währung
- AUD · Australian dollar
- Zentralbank
- The Reserve Bank of Australia
Neueste Zahlen
Die letzte Veröffentlichung, für Q2, erschien am 2026-08-19 und lag bei 0.8%. Das entspricht dem Konsens von 0.8%. Das ist unverändert gegenüber 0.8% beim letzten Mal.
Ein Ergebnis im Rahmen des Konsenses löst meist wenig Reaktion aus: Es war bereits eingepreist.
In den letzten 7 Veröffentlichungen lag der Wert zwischen 0.7% und 0.9%, im Schnitt 0.8%.
| Veröffentlicht | Für | Ist | Konsens | Vorher |
|---|---|---|---|---|
| 19 Aug 2026 | Q2 | 0.8% | 0.8% | 0.8% |
| 13 May 2026 | Q1 | 0.8% | 0.8% | 0.8% |
| 18 Feb 2026 | Q4 | 0.8% | 0.8% | 0.8% |
| 19 Nov 2025 | Q3 | 0.8% | 0.8% | 0.8% |
| 13 Aug 2025 | Q2 | 0.8% | 0.8% | 0.9% |
| 14 May 2025 | Q1 | 0.9% | 0.8% | 0.7% |
| 19 Feb 2025 | Q4 | 0.7% | 0.8% | 0.9% ® |
Warum es wichtig ist
Wages are the largest cost for service businesses, so wage growth well above productivity growth turns into lasting inflation. Central banks watch it to judge whether inflation will return to target; strong wage growth tends to keep the Reserve Bank of Australia hawkish.
So wird gerechnet
Pay data come from employer surveys, tax records or collective agreements; the release usually shows the change from a year earlier. Labour cost indexes include employers' social contributions and benefits.
Wage growth (yoy) = average pay ÷ average pay a year ago − 1
Real wage growth ≈ wage growth − inflationWas Veränderungen bedeuten
- Wage growth of about 3–3.5% is roughly consistent with 2% inflation when productivity grows about 1%.
- Compositional effects (low-paid workers losing jobs) can lift the average misleadingly.
Höher als erwartet: A higher figure than expected makes the Reserve Bank of Australia more likely to keep rates high or raise them: it tends to support the Australian dollar and push bond yields up, and is often a weight on stocks.
Niedriger als erwartet: A lower figure than expected gives the Reserve Bank of Australia room to cut or hold rates lower: the Australian dollar tends to soften and bond yields to fall.
Eine kurze Geschichte
The link between wages and inflation was described by A. W. Phillips in 1958 (the Phillips curve); it has weakened and strengthened over the decades but remains central to central-bank thinking.
Fragen
What is the Australia Wage Price Index QoQ?
The Australia Wage Price Index QoQ measures how fast pay, or the total cost of employing people, is rising in Australia.
What was the latest Australia Wage Price Index QoQ?
0.8% for Q2, published on 19 August 2026 (consensus 0.8%, previous 0.8%).
When is the next Australia Wage Price Index QoQ?
On Wednesday 18 November 2026 at 00:30 UTC.
Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.