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Australia Average Weekly Earnings / Wages release

Australia Average Weekly Earnings / Wages: 1.4% (Q3 2020)

Australia Average Weekly Earnings / Wages came in at 1.4 on Nov 16, 2020, compared with 1.8 previously. See the full release history, chart, Reserve Bank of Australia context, and API access for this series.

Released: · Estimated 2020-11-16 00:30 UTC

Actual
1.4

Q3 2020

Previous
1.8
Forecast
--
Next release
Nov 18, 2026
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Australia Average Weekly Earnings / Wages release chart

Readings leading into this release, with this print highlighted. Hover or tap a point for its value.

Australia Average Weekly Earnings / Wages chart through 2020-09-30
AUD Average Weekly Earnings / Wages readings through 2020-09-30. Latest: 1.4.

Australia Average Weekly Earnings / Wages release analysis

What the release showed

Australia Average Weekly Earnings / Wages came in at 1.4 in the release of Nov 16, 2020, down 0.4 from 1.8.

Why Average Weekly Earnings / Wages matters for AUD

Wages are the largest cost component for service-sector businesses. Strong wage growth means higher disposable income (supporting demand) but also higher input costs that are typically passed on as price inflation.

How to read it

Accelerating wages above a level consistent with the Reserve Bank of Australia's inflation target are aud-supportive because they reinforce a hawkish policy stance. Decelerating wages open the door to rate cuts.

What to watch next

The next Australia Average Weekly Earnings / Wages release is due on Nov 18, 2026.

  • Year-over-year vs month-over-month tradeoff
  • Composition effects when low-wage sectors expand or shrink
  • Real wage growth turning positive after a CPI peak
  • Negotiated / collectively-bargained wages (eurozone)
FXMacroData API

Get Australia Average Weekly Earnings / Wages data as soon as it is published

This page shows the most recent releases. The API serves the full Australia Average Weekly Earnings / Wages history and every other series we cover, with each row stamped with the time the official source published it.

  • Full release history with actual, previous and reference period on every row.
  • Publication timestamps on each announcement, so backtests only use data that was public at the time.
  • Consensus forecasts joined by announcement ID to measure the surprise.
  • Release calendar with confirmed times for upcoming announcements.
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API endpoint
GET https://api.fxmacrodata.com/v1/announcements/aud/wages
Python
import requests

resp = requests.get(
    "https://api.fxmacrodata.com/v1/announcements/aud/wages",
    headers={"X-API-Key": "YOUR_API_KEY"},
    timeout=30,
)
rows = resp.json()["data"]
print(rows[-1])

Match this release by announcement_id aud_wages_2020-09-30. Forecasts for the same release: /v1/predictions/aud/wages.

Release data snapshot

Citation fields for this announcement.

Public release ID aud_wages_2020-11-16
API announcement ID aud_wages_2020-09-30
Release time
Estimated 2020-11-16 00:30 UTC
Reference period date 2020-09-30
Actual value 1.4
Previous value 1.8
Forecast --
Surprise --

More Australia Average Weekly Earnings / Wages releases

Move through adjacent announcement records for the same series.

Common questions about this release

The value, its publication time, the next scheduled date, and the official publisher for Australia Average Weekly Earnings / Wages.

What did Australia Average Weekly Earnings / Wages come in at, and how did it compare with the forecast and the previous reading?

Australia Average Weekly Earnings / Wages was 1.4% year on year in Q3 2020. The previous reading was 1.8%.

When was this Australia Average Weekly Earnings / Wages release published?

The publication time is estimated for Nov 16, 2020 at 11:30 Australia/Sydney. The publication time is derived from the lag measured on this series' confirmed releases and the record carries the release_time_assumed flag.

When is the next Australia Average Weekly Earnings / Wages release?

The next Australia Average Weekly Earnings / Wages release is scheduled for Nov 18, 2026.

What is the official source for Australia Average Weekly Earnings / Wages?

ABS publishes the official Average Weekly Earnings / Wages series. FXMacroData stores every release with its announcement timestamp and serves it from the announcements endpoint for this series.

Raw announcement payload

Field names are preserved for traceability and downstream testing.

{
  "announcement_datetime": 1605486600,
  "announcement_id": "aud_wages_2020-09-30",
  "capture_time_basis": "backfill_fetch_completed",
  "date": "2020-09-30",
  "observed_at_ns": 1791240077763293100,
  "previous_value": 1.8,
  "publication_time_precision": "unknown",
  "publication_time_status": "assumed_historical",
  "release_time_assumed": true,
  "revisions": [
    {
      "epoch": 1605486600,
      "val": 1.4
    },
    {
      "epoch": 1605745800,
      "val": 1.4
    },
    {
      "capture_time_basis": "backfill_fetch_completed",
      "epoch": 1605745800,
      "is_first_release": false,
      "observed_at_ns": 1791240077763293100,
      "publication_time_precision": "unknown",
      "publication_time_status": "assumed_historical",
      "val": 1.4,
      "vintage_status": "captured_snapshot"
    }
  ],
  "val": 1.4,
  "vintage_status": "captured_snapshot"
}