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Australian wages rose 3.4% annually in Dec. 2025, outpaced by 3.8% inflation, eroding real wages for first time since Sept. 2023.
Australian wages rose 3.4% annually in the December quarter, slightly up from 3.3% but below the 3.8% inflation rate, marking the first time since September 2023 that pay increases failed to keep pace with prices, eroding real wages.
Quarterly wage growth held steady at 0.8%.
Public sector wages grew faster at 4.0%, while private sector rose 3.4%.
Despite the decline in purchasing power, Treasurer Jim Chalmers expressed cautious optimism, and the Reserve Bank of Australia maintained its cash rate at 3.85%, with markets expecting another hike by May.
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Los salarios australianos subieron un 3,4% anual en diciembre de 2025, superados por la inflación del 3,8%, erosionando los salarios reales por primera vez desde septiembre de 2023.