ABS Data Reveals 44.2% Rise in Base Pay Rates in 2023 💰
Workers experienced a 0.9% increase in base pay during the December quarter, marking the first time in years that pay growth is outpacing inflation. Learn what this means for your finances!
ABC NEWS (Australia)
1.2K views • Feb 21, 2024
About this video
Worker's pay growth is outstripping inflation for the first time in a long time. Workers had an average base pay rise of 0.9 per cent in the December quarter. That means in 2023, wages increased by 4.2 per cent just ahead of inflation at 4.1 per cent. The December figure also slightly beat economist expectations.
Video Information
Views
1.2K
Duration
0:46
Published
Feb 21, 2024
User Reviews
3.7
(1) Related Trending Topics
LIVE TRENDSRelated trending topics. Click any trend to explore more videos.
Trending Now