Employee earnings beat inflation in 2019
Despite concerns about sluggish wages growth, employees still pocketed an inflation-beating increase over 2019, new figures show, even as overtime rates eased.
The Australian Bureau of Statistics (ABS) revealed that the median weekly earnings of Aussie workers increased by 2.3 per cent over the course of the year to August 2019. That beat the inflation rate, which is currently sitting at 1.7 per cent.
Read more at MyBusiness.
