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Australia Wage Price Index Climbs 0.8% In Q3
(RTTNews) - The wage price index in Australia was up a seasonally adjusted 0.8 percent on quarter in the third quarter of 2025, the Australian Bureau of Statistics said on Wednesday - in line with expectations and unchanged from the previous quarter.
On a yearly basis, the index climbed 3.4 percent - again unchanged and matching forecasts.
Private sector wages were up 0.7 percent on quarter and 3.2 percent on year, while public sector wages rose 0.9 percent on quarter and 3.8 percent on year.
The largest industry contributor to quarterly wages growth was health care and social assistance (+1.5 percent).
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Australia Leading Index Signals Above-Trend Growth Momentum Next Year
Australia's leading index signaled that the growth will move at a slightly above-trend pace in early 2026, Westpac said on Wednesday. The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, rose to 0.35 percent in October from 0.10 percent in September.
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RBA Minutes: Global Growth Likely To Slow In H2 2025
Members of the Reserve Bank of Australia's Monetary Policy Board felt that the country's economic growth was expected to slow in the second half of 2025, minutes from the central bank's November 4 monetary policy meeting revealed on Tuesday.
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Australia Jobless Rate Falls To 4.3% In October
The unemployment rate in Australia came in at a seasonally adjusted 4.3 percent in October, the Australian Bureau of Statistics said on Thursday.
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Australia Home Loans Jump 6.4% In Q3
The total number of new home loans issued in Australia was up a seasonally adjusted 6.4 percent on quarter in the third quarter of 2025, the Australian Bureau of Statistics said on Wednesday - coming in at 141,470.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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Australia Services Index Inches Higher In October - S&P Global
The service sector in Australia continued to expand in October, and at a slightly faster rate, the latest survey from S&P Global revealed on Wednesday with a PMI score of 52.5.
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Australia Keeps Interest Rate Unchanged
The Reserve Bank of Australia maintained its key interest rate as the full effects of earlier rate cuts are yet to be felt and policymakers became cautious after data showed evidence of more persistent inflation. The policy board governed by Michele Bullock decided to hold the cash rate at 3.60 percent, as widely expected, on Tuesday.
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Australia Building Approvals Jump 12.0% In September
The total number of building permits issued in Australia was up a seasonally adjusted 12.0 percent on month in September, the Australian Bureau of Statistics said on Monday - coming in at 17,019.
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