Steady as She Goes: Australian Wages Maintain Moderate Growth in March 2025

Australian WPI rose by 0.9% quarter-on-quarter in March 2025, according to the last quarter. WPI rose by 3.4% year-on-year from the last 3.2% in December 2024 but less than the same period 4.0%. Private sector rose by 0.9% quarter-on-quarter, while the public sector rose by 1.0%.

Private sector quarter-on-quarter wage growth was unchanged at 3.3%, the weakest since June 2022. Year-on-year public sector wage growth was 3.6%, up from last quarter's 2.9%. The biggest contributions to quarter-on-quarter wage growth were from health care and social assistance (1.4%) and education and training (1.3%).

Briefly, the WPI for March 2025 is recording strong, moderate private and public sector wage growth. The public sector is recording a slightly higher percentage of growth than the private sector quarter on quarter. For more information and context, see the Australian Bureau of Statistics official release of the Wage Price Index.