As of June 2023, the Wage Price Index (WPI) in Australia was 143.7, an increase of just under five points on June 2022. The WPI is used to measure labor price changes, and is not affected by things such as employee characteristics, hours worked.
Wage Price Index (WPI) development in Australia from financial year 2000 to 2023
Characteristic
Wage price index
2023
143.7
2022
138.9
2021
135.7
2020
133.7
2019
130.9
2018
127.9
2017
125.4
2016
123
2015
120.4
2014
117.6
2013
114.6
2012
110.9
2011
107
708090100110120130140150
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Australia's financial year runs from July 1 to June 30 of the stated year; for example, financial year 2021 starts on July 1, 2020 and ends on June 30, 2021.
Supplementary notes
Note: Base year is financial year 2008-09 (index = 100).
Represents total hourly rates of pay excluding bonuses, private and public, all industries.
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Australian Bureau of Statistics. (February 1, 2024). Wage Price Index (WPI) development in Australia from financial year 2000 to 2023 [Graph]. In Statista. Retrieved May 16, 2025, from https://www.statista.com/statistics/794360/australia-real-wages-price-index-development/
Australian Bureau of Statistics. "Wage Price Index (WPI) development in Australia from financial year 2000 to 2023." Chart. February 1, 2024. Statista. Accessed May 16, 2025. https://www.statista.com/statistics/794360/australia-real-wages-price-index-development/
Australian Bureau of Statistics. (2024). Wage Price Index (WPI) development in Australia from financial year 2000 to 2023. Statista. Statista Inc.. Accessed: May 16, 2025. https://www.statista.com/statistics/794360/australia-real-wages-price-index-development/
Australian Bureau of Statistics. "Wage Price Index (Wpi) Development in Australia from Financial Year 2000 to 2023." Statista, Statista Inc., 1 Feb 2024, https://www.statista.com/statistics/794360/australia-real-wages-price-index-development/
Australian Bureau of Statistics, Wage Price Index (WPI) development in Australia from financial year 2000 to 2023 Statista, https://www.statista.com/statistics/794360/australia-real-wages-price-index-development/ (last visited May 16, 2025)
Wage Price Index (WPI) development in Australia from financial year 2000 to 2023 [Graph], Australian Bureau of Statistics, February 1, 2024. [Online]. Available: https://www.statista.com/statistics/794360/australia-real-wages-price-index-development/
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