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AAP
AAP
Business
Poppy Johnston

THE TRUTH ABOUT: Solid wage growth expected for december quarter - Caught on Camera

Reserve Bank Employment Hero RBA

Wages have improved again but by less than expected, lifting 3.3 per cent annually in the December quarter.

On a quarterly basis, the Australian Bureau of Statistics' wage price index lifted 0.8 per cent.

ABS head of prices statistics Michelle Marquardt said the increase in hourly wage rates for the December 2022 quarter was lower than the 1.1 per cent increase for the September quarter.

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