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AAP
AAP
Politics
Poppy Johnston

INSANE: Commonwealth carrots for state pro competition reform | Rare Historical Photos

Annual wage growth has dropped since June but pay packets are growing faster than inflation. (Dan Himbrechts/AAP PHOTOS)

Australian wage growth has passed its strongest point as demand for labour cools and award and minimum pay rate increases are pared back.

The annual pace of wage growth took a sizeable step down to 3.5 per cent in September, from 4.1 per cent over the year to June.

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