Inflation Rate Australia 2025 Vs Wage Growth Australia. The report, however, noted that merit salary budgets will likely decline to 3.6% in 2025 due to inflation and stabilisation of employee turnover. Here’s what happened and what to look out for in 2025.
Australian workers enjoyed a real annual pay increase last year for the first time in almost three years, data from the australian bureau of statistics (abs) show. Australia’s annual inflation rate dropped to 2.8% in q3 2024 from 3.8% in q2, steeper than market expectations of 2.9%.