ONLY CHARTS #358
Aus EBA wages, Aus govt budget, NZ housing finance, NZ Q2 GDP growth nowcast, NZ hhold inflation expectations
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1. Average annualised wages growth in federal enterprise bargaining agreements (EBAs) approved in the March quarter in Australia was 3.8%. This was lower than the 4.8% outcome in the December quarter, though that was boosted significantly by a large nurses EBA.
Average annualised wages growth in all existing EBAs rose to 3.8%.
2. Average wages growth in public-sector EBAs approved in Q1 fell back to 3.5% after spiking in Q4 (as it did a year earlier).
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