Cpi Increase 2024 Australia Wages. The compensation cap is the highest amount the commission can order an. The wage price index (wpi) rose 0.8 per cent in march quarter 2024, and 4.1 per cent for the year, according to seasonally adjusted data released today by the australian.

Consumer price index, australia, december quarter 2024 release date 29/01/2025 11:30am aedt This was the lowest annual rise for the series since december quarter 2022 and followed four consecutive quarters of annual wage growth equal to or above 4%.