Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Wednesday 21 September 2022

No wages spiral here...

Salary growth easing

SEEK has developed a nifty new index for advertised salaries this year, looking at the growth in advertised salaries for jobs posted in Australia. 

Annual growth showed a broad-based decline in August, from 4.1 per cent to 3.8 per cent.


Source: SEEK

The slowdown was most in evidence in consulting, sales, and public sector roles, according to SEEK.

The wage spiral appears to be over before it even began in Australia...still sticky.