Australian Bureau of Statistics Wage Price Index (WPI) data released today shows Tasmania is leading the nation with the highest annual growth.
Wage growth in Tasmania grew by 1.1 per cent for the September quarter and hit a nation leading 4.0 per cent for the 12 month period, outstripping the national average.
Treasurer, Guy Barnett, welcomed the figures, noting the real impact that this has for Tasmanian families.
“Tasmania’s nation-leading wage growth is good news for workers and demonstrates the underlying strength and resilience of the Tasmanian economy,” the Treasurer said.
“Not only do we have historically low levels of unemployment, nearly three years at or below 4.3 per cent, but Tasmanian workers are earning more than ever before, and Tasmania also posted record retail spending in September.
“Our 2030 Strong Plan for Tasmania’s Future is focused on what matters, like investment, job creation and stimulating the economy.”
