Sentences with phrase «aggregate wage costs»
The increases granted will raise the rate of wages growth for workers on award wages, but the acceleration is quite mild and it will have only a small impact on aggregate wage costs.
https://www.rba.gov.au/ Not exact matches
Other official labour cost data based on wage - bill measures, such as average weekly ordinary time earnings and average earnings from the national accounts, paint a similar picture, identifying firm wage outcomes but giving little indication of an acceleration of aggregate wages growth.
Some confirmation that aggregate wage growth is running at around the 3 1/2 per cent mark is provided by the newly produced wage cost index.