Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 2GB account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 2GB content and other benefits.


Joining is easy.

Advertisement
Advertisement
Advertisement

Wages grow at lowest level in a year

Article image for Wages grow at lowest level in a year

Wages growth is at its lowest level in more than a year, according to new data.

The Australian Bureau of Statistics reported the wage price index rose by just 0.5 per cent in the September quarter.

The annual growth now sits at 2.2 per cent, down from the growth at the end of June.

CBA senior economist Gareth Aird tells Ross Greenwood consumer confidence is still below average.

“I think there’s a feeling, and almost a resignation, amongst households that things aren’t going to turn around any time soon and in that environment, you don’t really expect to see much in the way of a material bounce in consumer confidence.

“I think households are right to feel a little bit cautious about how the economy might evolve.”

Click PLAY below to hear the full interview

Image: Getty/Sean Gladwell

Brooke Corte
Advertisement