Eliza Owen, head of research at CoreLogic, has said the 2.2 per cent increase indicates a return to pre-pandemic wage growth, and it falls just short of the decade’s average growth of 2.4 per cent.
Read more at Smart Property Investment
What happens when house price growth outpaces wage growth?
The Australian wage price index (WPI) saw a 2.2 per cent increase in the year to November 2021, according to the Australian Bureau of Statistics (ABS).
