New South Wales economy · Wage growth

New South Wales wage growth

New South Wales wage growth spans a large and diverse employee-job market. The index level and its quarterly and annual changes show the same price movement at three useful horizons.

3 published series · derived-shorted-economy, abs-wage-price-index

wages.real_wpi_yoy.nsw

Real wage growth, year-on-year

Latest value

-0.9%

Change from prior period

-1.0%

from Oct 2025

Unit
percent
Frequency
Quarterly
Adjustment
Original
Latest catalog period
Jan 2026
Source
derived-shorted-economy
Source licence
derived

wages.wpi.nsw

Wage price index

Latest value

159.3

Change from prior period

+0.6

from Oct 2025

Unit
index
Frequency
Quarterly
Adjustment
Original
Latest catalog period
Jan 2026
Source
abs-wage-price-index
Source licence
CC-BY-4.0

wages.wpi_yoy.nsw

Wage growth, year-on-year

Latest value

3.2%

Change from prior period

-0.5%

from Oct 2025

Unit
percent
Frequency
Quarterly
Adjustment
Original
Latest catalog period
Jan 2026
Source
abs-wage-price-index
Source licence
CC-BY-4.0

About wage growth

The Wage Price Index measures changes in the price employers pay for a fixed basket of jobs, holding job quality and quantity as constant as practical. The Australian Bureau of Statistics publishes it quarterly from a survey of employee jobs, with state series covering the index, annual growth and a derived real annual growth measure. These state series are original and not seasonally adjusted, a status printed beside every chart. The employee-job sample and expenditure weights are periodically updated, while published history can change if the ABS corrects source data or methods and if the derived real measure receives revised inflation inputs. The index is designed to remove compositional shifts, so it is not average earnings, household income, take-home pay or the wage received by a typical worker. It excludes changes caused solely by workers moving between differently paid jobs. These historical price measures do not forecast inflation, employment, interest rates or an individual's next pay decision.

ASX companies operating in New South Wales

Coarse operating-exposure bands are AI estimates based on public company information. Headquarters-only matches are withheld.

  • CBA Commonwealth Bank Of Australia.Banks

    Significant operations exposure (estimate)

    Basis: Large customer base and branch network

  • WBC Westpac BankingBanks

    Significant operations exposure (estimate)

    Basis: Large customer base and lending

  • NAB National Australia BankBanks

    Significant operations exposure (estimate)

    Basis: Large customer base and lending

  • WES WesfarmersConsumer Discretionary Distribution & Retail

    Significant operations exposure (estimate)

    Basis: Large store network and sales

  • ANZ Anz Group HoldingsBanks

    Significant operations exposure (estimate)

    Basis: Large customer and commercial banking base

  • EVN Evolution MiningMaterials

    Majority of operations (estimate)

    Basis: Cowal gold mine operations

  • TLS Telstra GroupTelecommunication Services

    Significant operations exposure (estimate)

    Basis: Sydney network, enterprise, major customers

Back to the New South Wales economy overview

Every chart reports its source, unit, frequency, adjustment and source licence from the economic-series catalogue. Latest periods may be preliminary or revised by the publisher. Historical data only; not a forecast or financial advice.