PRICE INDEXES AND CONTRACT PRICE INDEXATION
DECEMBER KEY FIGURES
WPI-Quarterly changes, Total hourly rates of pay excluding bonuses
| WPI-Annual change: original, Total hourly rates of pay excluding bonuses - For selected industries, Dec Qtr 2007
|
DECEMBER KEY POINTS
TOTAL HOURLY RATES OF PAY EXCLUDING BONUSES
QUARTERLY CHANGE (SEP QTR 2007 TO DEC QTR 2007)
- The index for all employee jobs in Australia increased by 1.1%, seasonally adjusted.
- The increases in indexes (in original terms) at the industry level ranged from 0.5% for Personal and other services to 2.1% for Retail trade.
- Increases in the indexes (in original terms) at the occupation level ranged from 0.8% for Professionals, Advanced clerical and service workers and Intermediate production and transport workers to 1.8% for Elementary clerical, sales and service workers.
ANNUAL CHANGE (DEC QTR 2006 TO DEC QTR 2007)
- The increase in the seasonally adjusted index through the year to December 2007 for all employee jobs in Australia was 4.2%.
- Increases in the original indexes through the year to December 2007 at the industry level ranged from 3.2% for Wholesale trade to 5.1% for Mining, compared with 4.2% for all industries.
NOTES
FORTHCOMING ISSUES
| ISSUE (QUARTER) | Release Date |
| March 2008 | 14 May 2008 |
| June 2008 | 13 August 2008 |
| September 2008 | 12 November 2008 |
CHANGES IN FUTURE ISSUES
The ABS is planning to discontinue the wage price indexes for occupation groups after the release of the September quarter 2008 figures. This data appears in Tables 7 and 8 of this publication and in electronic Tables 7a and 7b on the ABS website. Users of this data who are interested in discussing what other wage price index data are available, can contact David Taylor on (08) 9360 5151 or email labour.price.index@abs.gov.au.
ABS DATA AVAILABLE ON REQUEST
Original indexes are compiled for various combinations of state/territory, sector, broad industry group and broad occupation group. Seasonally adjusted and trend indexes are compiled only for total hourly rates of pay excluding bonuses for each of the private sector, public sector and all sectors. Indexes not included in this publication may be made available on request by telephoning David Taylor on Perth (08) 9360 5151.
FURTHER INFORMATION
More detailed information on the Labour Price Index (LPI) is available in Labour Price Index: Concepts, Sources and Methods, Australia (cat. no. 6351.0.55.001).
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or David Taylor on Perth (08) 9360 5151.
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