WAGE COST INDEX
Wage Cost Index, Australia (Cat. no. 6345.0) is released on a quarterly basis. The Wage Cost Index was compiled for the first time for the December quarter 1997 (with a base of September quarter 1997=100.0). Recently released figures show the index of total hourly rates of pay excluding bonuses for NSW increasing by 3.4% from the March quarter 1998 to the March quarter 1999. The corresponding annual movement at the Australian level was 3.0%. For further information contact Carrington Shepherd on (08) 9360 5151 or email carrington.shepherd@abs.gov.au
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