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Australia wage growth slows as Wage Price Index rises 0.8%

Australia’s Wage Price Index increased 0.8% in Q1 2026, with private-sector wages easing to a 3.2% annual pace.

Reported · Written up by our desk · Central Banks

Forexlive reports that Australia’s Wage Price Index rose 0.8% in Q1 2026, matching market expectations.

The outlet said private-sector wage growth slowed to the weakest annual pace of the cycle at 3.2%, while public-sector gains also cooled.

Forexlive added that Q2 is expected to look similar, with changes from the minimum wage increase likely to feed through later, potentially affecting Q3.

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