Index (2012=100) - Source frequency: quarterly
The Wage Price Index deflated by CPI, showing the purchasing power of wages over time. A value above 100 means wages have grown faster than prices since 2012; below 100 means they have fallen behind.
Tracks whether workers are getting richer or poorer in real terms over the long run. Australia's real wages have been essentially flat for a decade — one of the worst outcomes in the OECD.
Higher is better
Source: Derived: ABS Wage Price Index (Cat. 6345.0) deflated by ABS CPI (Cat. 6401.0)
GREEN = favorable trend within acceptable band of baseline. AMBER = flat or mild change. RED = unfavorable trend beyond threshold.
