{"id":655241,"date":"2026-05-07T09:51:28","date_gmt":"2026-05-07T09:51:28","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/655241\/"},"modified":"2026-05-07T09:51:28","modified_gmt":"2026-05-07T09:51:28","slug":"aussies-face-17-years-without-real-wage-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/655241\/","title":{"rendered":"Aussies face 17 years without real wage growth"},"content":{"rendered":"<p>The most recent Australian Bureau of Statistics (ABS) wage price index for the December quarter of 2025 revealed that real inflation-adjusted wages declined by 0.3% in 2025 and were tracking 6% below their Covid-19 \u2018bubble\u2019 peak at roughly late 2011 levels:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/Australian-real-wages.png\" width=\"620\" height=\"472\" alt=\"Australian real wages\"\/><\/p>\n<p>The Reserve Bank of Australia\u2019s (RBA) forecasts, laid out in its May Statement of Monetary Policy (SoMP), suggest that real wages will decline in the near term, driven by energy inflation from the Middle East, and won\u2019t recover in the forward estimates.<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/Australian-real-wages-1.png\" width=\"641\" height=\"551\" decoding=\"async\" loading=\"lazy\"\/><\/p>\n<p>Advertisement<\/p>\n<p>Australian real wages are forecast to bottom out in the September quarter of 2026 at around March 2010 levels.<\/p>\n","protected":false},"excerpt":{"rendered":"The most recent Australian Bureau of Statistics (ABS) wage price index for the December quarter of 2025 revealed&hellip;\n","protected":false},"author":2,"featured_media":655242,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-655241","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/655241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=655241"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/655241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/655242"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=655241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=655241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=655241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}