
Recent data from Employment Hero highlights a significant trend in the Australian economy; wages are rising at a rate that surpasses inflation, engendering economic uncertainty. The median hourly wage in September 2024 increased to $42.20, representing a 3.8% annual rise and a 0.4% month-on-month increase. This uptrend in wages outstrips the current inflation rate of 2.8%, contributing to an unpredictable