Cpi Wage Increase 2024. With the expected adjustment for cost of living for 2024 at 8.7%, if you give an employee an annual salary increase of $10,000, you will need to adjust that amount. Consumer price index, australia, december quarter 2024 release date 29/01/2025 11:30am aedt
Over the twelve months to the march 2024 quarter, the cpi rose 3.6%. The monthly consumer price index (cpi) indicator rose 3.4 per cent in the 12 months to january 2024, according to the latest data from the australian bureau of.
Annual Wage Growth Was 4.1%, Down From The 4.2% Annual Rise Recorded In The December Quarter 2023.
John buchanan, a labour market expert from the university of sydney's health and work research network, recommends asking for a pay increase of between.
City Average Series For All Items, Not Seasonally Adjusted.
Consumer price index, australia, december quarter 2024 release date 29/01/2025 11:30am aedt
Cpi Wage Increase 2024 Images References :
Core Services Rose 3%, Core Goods Fell 0.4%, Food Rose 0.3% And Energy Rose 0.1%.
Annual wage growth was 4.1%, down from the 4.2% annual rise recorded in the december quarter 2023.
The Private Sector Rose 0.8% And The Public Sector Rose.
The national minimum wage increases to $915.90 per week or $24.10 per hour.