Economy dashboard · Jobs & wages

As at 13 October 2026 · official data unless labelled

Public-sector wages, annual growth

3.4%Above its 10-year averageunchangedJune quarter 2026vs 10-year average 2.69%

What the numbers are telling us

Public-sector wages, annual growth was 3.4% in the June quarter 2026, unchanged on the previous reading (3.4%).

It is above its 10-year average of 2.69%.

Why it matters

Set by government agreements, so it reflects policy as much as the market.

What it should be

There is no official target for this measure, so it is judged against its own 10-year average of 2.69%: a higher or lower reading is not in itself better or worse.

Public wages: the last 40 readings
Public-sector wages, annual growth, 2016-Q3 to 2026-Q2
2.33.42016-Q32026-Q2
Source: ABS, WPI (ABS Data API).

Every figure on this page is calculated from the stored official series (ABS, WPI (ABS Data API)); the summary is written from the numbers, not edited by hand.