Source: ABS  The National Accounts measure of average earnings per head increased by 0.9 per cent in the quarter and 4.2 per cent over the year. The per hour measure increased by just 2.5 per cent over the year. These measures have been volatile over recent times due to large compositional shifts in the labour market and changes in hours worked.
This has made interpretation difficult, but the general message from these data is similar to that provided by the Wage Price Index. Together, these data suggest that the risk of a prices-wages spiral remains low. This is helpful as we navigate that narrow path and it means that Australia is in a better position than some other countries.