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Real labour costs up, productivity still rising: ABS

Real non-farm unit labour costs have grown strongly in trend terms for the second quarter in a row, while gross value added per hour worked in the market sector has now increased for 26 of the past 27 quarters, according to ABS national accounts data released today.




Disputes up, but historically low

The number of industrial disputes hit an 11-year high last year, according to new ABS data released today, but they are nevertheless occurring at less than 15% of the level of 30 years ago.


New low for private sector pay growth

Private sector rates of pay excluding bonuses grew by a new record low of 1.8% in trend terms last year, according to ABS data released today.

Labour productivity up; and more

Labour productivity up by at least 1% in 2015-16, says ABS; and key parties reach consent position on NSW contract carrier regulation.