Labour Costs in Australia increased to 108.60 points in the third quarter of 2024 from 107.90 points in the second quarter of 2024. Labour Costs in Australia averaged 67.74 points from 1985 until 2024, reaching an all time high of 108.60 points in the third quarter of 2024 and a record low of 36.70 points in the third quarter of 1985. source: Australian Bureau of Statistics
Labour Costs in Australia is expected to be 109.38 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Labour Costs is projected to trend around 113.54 points in 2026 and 116.15 points in 2027, according to our econometric models.