Catherine Birch, senior economist at ANZ, notes that the Australia’s average annual wage increase (AAWI) granted in new EBAs was 2.7% in Q1 2019, down from 3.2% in Q3 2018, which had been the strongest result in two years. Key Quotes “The AAWI for all current agreements was steady at 2.7%.” “The results were mixed across industries during Q1. The largest improvements were in hospitality (+0.6ppt to 3.2%) and other services (+0.5ppt to 3.1%).” “The share of industries with AWWI above 3% doubled from 14% to 29% during the quarter, but is still down from the most recent peak of 48% in Q3 2018.” “The private sector saw a slight decline in the AWWI to 2.9% but the public sector’s AAWI slowed more sharply to 2.4%, down from 3.3% in Q3 2018.” “The reversal in the direction of wage growth across the EBA and GDP measures suggests that the gradual improvement we have seen in the wage price index (WPI) could fade. The June quarter WPI data is due to be released on 15 August.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Litecoin price analysis: LTC/USD bulls stop short of $100.00 ahead of halving event FX Street 4 years Catherine Birch, senior economist at ANZ, notes that the Australia's average annual wage increase (AAWI) granted in new EBAs was 2.7% in Q1 2019, down from 3.2% in Q3 2018, which had been the strongest result in two years. Key Quotes "The AAWI for all current agreements was steady at 2.7%." "The results were mixed across industries during Q1. The largest improvements were in hospitality (+0.6ppt to 3.2%) and other services (+0.5ppt to 3.1%)." "The share of industries with AWWI above 3% doubled from 14% to 29% during the quarter, but is still down from the most recent peak of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
