% per year - Source frequency: quarterly · Methodology · Corrections
Australia's real wage growth was -0.4% as of October 2025. The long-term trend is getting worse, though the recent 12-month direction is rising. Nominal wage growth (Wage Price Index) minus the inflation rate (CPI). Shows whether wages are keeping up with prices — the single number that tells people if they're going forwards or backwards financially. Positive real wage growth means workers' purchasing power is increasing. Negative means pay rises are being eaten by inflation, leaving people worse off in real terms. Data is sourced from Derived: ABS Wage Price Index (Cat. 6345.0) minus ABS CPI (Cat. 6401.0) and updated quarterly.
Nominal wage growth (Wage Price Index) minus the inflation rate (CPI). Shows whether wages are keeping up with prices — the single number that tells people if they're going forwards or backwards financially.
Positive real wage growth means workers' purchasing power is increasing. Negative means pay rises are being eaten by inflation, leaving people worse off in real terms.
Higher is better
Source: Derived: ABS Wage Price Index (Cat. 6345.0) minus ABS CPI (Cat. 6401.0)
GREEN = favourable trend within acceptable band of baseline. AMBER = flat or mild change. RED = unfavourable trend beyond threshold.
This data is sourced programmatically from official statistical APIs and data feeds (Derived: ABS Wage Price Index (Cat. 6345.0) minus ABS CPI (Cat. 6401.0)), updated quarterly. The source link above points to the human-readable publication page, which presents the same underlying data in a different format (e.g. Excel workbook, PDF release). Our pipeline fetches the machine-readable version automatically and converts it to the standardised format shown here.
See all sources and methodology on the data sources page.