Melbourne Institute wages report

Wages Australia

The Melbourne Institute Wages Report provides business, economists, policy makers and academics with up-to-date information on wage pressure in the economy. A drawback of the ABS Average Weekly Earnings (AWE) publication, for example, is that it is published with a significant lag, with release figures typically being one quarter out-of-date. Moreover, most other published wage series data relate to earnings per person. However, numerous workplace shifts (such as movements across occupations and industries) and changes in work arrangements, can lead to a change in average earnings, even though wage rates have not changed. Consequently, the Melbourne Institute Wages Report is a potentially valuable additional source of information on wage inflation.

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