The Bank has expressed confidence on a number of occasions that wage growth would improve, but that confidence will be tested by the weakness apparent in these numbers.
Economists had forecast a 0.7 per cent bump for the quarter and an annual rate of 2.2 per cent.
Public-sector wages rose 0.5% in the quarter and rose 2.4% from a year earlier.
Workers in the accommodation and food services industries had the highest quarterly rise of 1.7 per cent, while mining company employees saw their pay packets inch up by just 0.2 per cent, according to Australian Bureau of Statistics data released on Wednesday.
The Australian dollar plunged after the figures were released, diving as low as 75.77 U.S. cents at 1306 AEDT, after trading at 76.29 USA cents just before the release.
For a central bank expecting a gradual lift in wage pressures to help boost household consumption, GDP growth and inflation in the years ahead, this is a concerning result for the Reserve Bank of Australia (RBA), especially given how strong employment growth has been this year.
Wages have lagged the recovery in the Australian labour market.
The bulk of wage growth came from the public sector, which grew by 2.4 per cent over the past year.
Wage growth was highest in Victoria, Queensland and Tasmania at 2.2 per cent. Unsurprisingly, given its ongoing economic problems, Western Australia recorded the slowest wage growth nationally at 1.3 per cent.
The Australian wage growth is expected to creep higher over the coming years as spare capacity in the labour market is gradually being eroded, job insecurity has fallen, and businesses are reporting some pockets of difficulty in finding suitable labour, ANZ Research reported.
The awards jury members met Andhra Pradesh Chief minister Chandrababu Naidu in Amravati to handed over the victor list. In 2015, Bahubali swept 15 awards leaving very little space for other films and individuals to win any other awards.
In March 2015, the Saudi-led coalition of mostly Persian Gulf countries launched airstrikes against the Houthis at Hadi's request. However, Mr McGoldrick said there was "no indication" yet of the blockade being lifted.
Finally, Oppenheimer Holdings, Inc. reaffirmed a "hold" rating on shares of Morgan Stanley in a report on Tuesday, October 17th. Morgan Stanley (MS) is an interesting player in the Financial space, with a focus on Investment Brokerage - National.
The article explains that Mou has put in a request for a midfielder as a result of Paul Pogba's ongoing injury problems. Manchester United are, reportedly, the latest club to have Watford boss Marco Silva in their sights.
He adds; his sense of Texan pride makes it hard for him to be far away from home during the aftermath of the shooting . Mark Collins, a previous pastor at First Baptist, said it was the largest gathering in the church's 100-year history.
The poll watchdog said that word "Pappu", apparently targeting Congress vice president Rahul Gandhi , is "derogatory". The poll-bound state has immensely indulged in political controversy with Pappu word in campaign script.
BidaskClub upgraded CoreSite Realty Corporation from a hold rating to a buy rating in a research report on Thursday, August 17th. South Dakota Investment Council increased Mckesson Corp (NYSE:MCK) stake by 59,190 shares to 68,290 valued at $11.24M in 2017Q2.
By pulling their ads from Hannity's show, Volvo is sending the message that they do not want conservative drivers. On Saturday , Keurig announced on Twitter that it would no longer advertise on Hannity's show.
Song Tao, the head of Beijing's International Department, will head to the North on Friday, Xinhua news agency said. Mr Kim has never visited China, and Mr Xi has not visited North Korea since he became president.
A showbiz source revealed last night: "Mel loves a younger man and really fell for Olly when he got into shape late a year ago ". They went on to explain that the showbiz pair had been texting for a while, before it became "saucy".
10-year-old unlocks his mum's iPhone with Face ID
According to Macrumors , the younger Malik was consistently able to unlock his mother's iPhone X without any failure. Reports says that the boy was able to unlock the phone because he picked up the phone for the first time.
Same-sex marriage bill introduced to Parliament
Senator Brandis added that the amendment was not, nor was there, a government position on the matter. Should the vote go that way, Smith is prepared to introduce his marriage equality bill immediately.
Airbus in $40bn deal to sell 430 A320s to USA firm
To put it in perspective, a single airline with 430 planes would rank among the 10 largest carriers on the planet. It will also allow Airbus to overtake Boeing, with a total of 718 orders against its American rival's 605.
Day Buzzers -- Gilead Sciences, Inc. (NASDAQ:GILD)
Nebraska-based Cwm Llc has invested 0.3% in Gilead Sciences, Inc . (NASDAQ: GILD ). 938,419 are owned by Cincinnati. Wg Shaheen And Associate Dba Whitney And stated it has 39,465 shares or 0.92% of all its holdings. (NASDAQ: GILD ).
PH, New Zealand forge ties on education
Ardern also praised Romeo Udanga whom she said did a "phenomenal job" during last year's election in New Zealand. Duterte, in response, told Ardern that this was the first time he has heard of the news.