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Wage growth

This Month

Nurses at private hospitals are pushing for similar pay rises as public sector workers.

First private nurses strikes, as ‘Pied Piper’ effect hits

The first strikes by medical staff at private hospitals follow mass walkouts at public medical centres by nurses as wages pressure bleeds from one sector to another.

  • David Marin-Guzman
Public sector hiring has proven more resilient to the economic slowdown, fuelled by a surge in spending and generous state and federal government pay deals.

Public servant wages outpace private for the first time since 2020

Annual wage growth fell to 3.5 per cent in September from 4.1 per cent in June, as pay growth slowed on the back of a cooling economy.

  • Updated
  • Michael Read
NSW Premier Chris Minns said the nurses union was refusing to make a choice between lower wages and staff-patient ratios.

NSW nurses strike heaps wage pressure on Minns government

NSW Premier Minns has refused to budge on his pay offer for nurses as the state government faces wage pressure off the back of its landmark deal with police.

  • David Marin-Guzman

October

People who work with a non-compete clause in their employment contract end up with lower wages, new research shows.

Wages hurt by non-compete work contracts

The government has seized on new research showing workers locked in jobs via non-compete clauses are paid 4 per cent less on average than staff who can switch jobs easier.

  • John Kehoe

September

Aged Care Minister Anika Wells said pay rises would help retain staff.

Fee increase for retirees to cover extra $3.8b in aged care wages

The government will spend another $3.8 billion on aged care sector wages, taking the total cost of the pay increase to almost $18 billion. 

  • Phillip Coorey
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Higher than most: Construction enterprise agreement wages in NSW and Victoria have outstripped inflation over the past 24 years.

Pay deals keep tradies in line with Big Mac index, but teachers lag

Annual wage growth close to 5 per cent for the past two decades has put CFMEU construction workers ahead of other employees, new earnings analysis shows.

  • Michael Bleby

August

People think our job is boring: accountants lament image problem

Almost half of surveyed accountants and bookkeepers believe their industry has an image problem, and most say the sector is seen as boring.

  • Edmund Tadros
Real wages have fallen for two quarters in a row and are back at 2010 levels, undercutting Labor’s claims that wage gains are finally outstripping inflation.

Real wages fall to near 14-year low, bucking Chalmers’ pay claims

Consumer prices increased by 2 per cent over the six months to June on a seasonally adjusted basis, while wages grew by just 1.7 per cent.

  • Michael Read
Economists expect nominal wage growth to slow as the job market cools.

Public servant pay rises push wage growth to 14-year high

Experts say the data probably marks the peak in wage growth, and the gradual slowdown in the job market is expected to bring smaller pay rises in the coming year.

  • Updated
  • Michael Read
The RBA has warned that wage growth is making it harder to control inflation.

Public servant pay growth to outstrip private sector wages

A slowdown in the jobs market is forcing private sector workers to rein in their pay demands while state premiers abandon public servant salary caps.

  • Michael Read
Economists reckon the biggest post-pandemic pay rises are now behind us.

Workers told to expect lower nominal pay rises as economy cools

Employers expect to lift salaries by an average of 3.8 per cent this financial year, as mounting evidence suggests pay rises have passed their recent peak.

  • Euan Black

July

Health Services Union president Gerard Hayes criticised the government for having to be “dragged” to a shorter timeline.

Aged care pay rise delayed due to Labor funding decision

Pay rises for 250,000 aged care workers of up to 14 per cent – likely costing up to $5 billion extra in government funding – have been delayed until next year.

  • David Marin-Guzman

June

Endeavour Energy workers have been delaying the $1.7 billion M7-M12 integration since March, not showing up to at least two appointments.

Union bans delay $1.7b transport link to Western Sydney Airport

Industrial action has delayed the critical interchange for the city’s second airport by months and is sending subcontractors close to the wall.

  • Campbell Kwan and David Marin-Guzman
The nurses union has said that the government must pay higher wages to attract nurses and midwives back to the profession.

Nurses identify ‘$1.2bn’ in savings for 15 per cent pay rise

Deloitte’s report for the NSW nurses’ union found the state government may have missed out on more than $3 billion in Commonwealth funding due to inaccurate data.

  • David Marin-Guzman
Renovation fit for a QEII: $1.6 billion-worth of work will be needed to make Brisbane’s QSAC (Queensland Sports and Athletic Centre) fit for the 2032 Olympics.

How higher building costs will shape the Brisbane Olympics

High labour costs will put pressure on the construction sector, forcing changes in how new projects are procured.

  • Michael Bleby
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Chartered Accountants ANZ chief executive Ainslie van Onselen.

Government urged to add accountants, auditors to fast-track visa list

Eleven accounting, auditing and data-related roles need to be added to a new list of occupations eligible for fast-tracked migrant visas due to ongoing labour shortages, say two major professional bodies.

  • Edmund Tadros
Westpac chief economist Luci Ellis having Lunch with the AFR at Regazzi in Sydney’s CBD.

Westpac’s chief economist Luci Ellis’ sliding doors moment

It is rare people can point to a single, pivotal, life-changing moment but two events, 30 years apart, have shaped her career.

  • Ronald Mizen
Tony Burke

Fair Work decision gives Labor another chance to run its wages fib

The former government never embarked on a deliberate strategy to suppress wages. But you wouldn’t know it.

  • Phillip Coorey
ACTU Secretary Sally McManus.

Weak productivity halts minimum wage rise

The Fair Work Commission has warned that stalled productivity and falling profits in the retail and hospitality industries remain barriers to reversing the fall in real wages since the pandemic.

  • Updated
  • David Marin-Guzman

May

Qld union’s 13pc pay rise may spoil energy relief

One of the biggest first-year pay rises in the country could add 30 per cent to costs, as Labor rolls out $1300 in household energy relief ahead of the October state election.

  • David Marin-Guzman

Original URL: https://www.afr.com/topic/wage-growth-1mo4