Another way to see this shift in wage setting over time is to look at the  median rates of wages  growth across all jobs in the labour market (Graph 13). Unlike the mean, the median is less affected by the large decline in ‘large’ wage rises in recent years and the changing prevalence of wage freezes.
Prior to 2012, median wages growth was firmly anchored at 4 per cent. In recent years, median wages growth has fallen to 2½ per cent, and has remained at that level. https://www.rba.gov.au/speeches/2019/sp-dg-2019-11-26.html  15/21  11/26/2019  Employment and Wages | Speeches | RBA  Graph 13  Different measures of wages growth capture slightly different concepts of labour costs.