Australian Wage Price Index Methodology

Australian Wage Price Index Methodology

In this episode, we take a closer look at the methodology behind the Australian Wage Price Index (WPI). Based on official guidance from the Australian Bureau of Statistics, we break down how wage data is collected, what’s included (and excluded), and how consistent job tracking and statistical weighting ensure the index reflects real wage trends. Learn how seasonal adjustment and trend estimates make the WPI a vital tool for understanding Australia's labor market.

Episoder(61)

 Australia's Green Hydrogen Collapse: Why High Costs and Uncertain Demand Grounded Major Projects

Australia's Green Hydrogen Collapse: Why High Costs and Uncertain Demand Grounded Major Projects

Australia's green hydrogen transition faces severe setbacks due to high production costs, currently AUD 5−6 per kilogram, which developers cite as making the technology unviable. This cost hurdle, com...

25 Okt 202514min

The $60 Billion Gold Surge: Why LNG is Ceding Its Place as Australia’s Second Largest Export?

The $60 Billion Gold Surge: Why LNG is Ceding Its Place as Australia’s Second Largest Export?

Welcome to Inside the Economist's Mind. In this episode, we deep dive into the Resources and Energy Quarterly (REQ) September 2025 report. We analyze the dramatic shifts reshaping Australia's export l...

11 Okt 202515min

Understanding Australian Petrol Prices: Costs, Taxes & Competition Explained

Understanding Australian Petrol Prices: Costs, Taxes & Competition Explained

Discover how Australian petrol pump prices are determined by key factors, including international product costs (like the Singapore MOPS95 benchmark), government taxes (excise and GST), and industry o...

21 Aug 202514min

The World Ahead 2025

The World Ahead 2025

"The World Ahead" is an **annual predictive publication** from The Economist, released every November. It serves as a **forward-looking guide**, offering in-depth analysis, forecasts, and informed spe...

24 Jul 202518min

ATO Behavioral Questions & STAR Responses- Career Conversations

ATO Behavioral Questions & STAR Responses- Career Conversations

Welcome to Inside’s Economists Mind—a podcast where economic thinking meets real-world impact.You’re listening to our Career Conversations series, where we explore the journeys, challenges, and strate...

12 Jun 202537min

Australia's Q1 2025 GDP Preview: Private Sector Strength

Australia's Q1 2025 GDP Preview: Private Sector Strength

In this episode, we dive into NAB Economics' preview of Australia's Q1 2025 GDP, which forecasts a 0.5% quarter-on-quarter rise. The growth is expected to be led by private sector momentum, particular...

3 Jun 202543min

Australia's Population Slowdown and Economic Impacts

Australia's Population Slowdown and Economic Impacts

Key points:Population growth peaked just above 2.5%yr in Q3 2023 due to a surge following the reopening of international borders, driven by the return of students and arrival of approved permanent res...

2 Jun 202513min

Australia & New Zealand Weekly Economic Insight

Australia & New Zealand Weekly Economic Insight

Australia's population growth surge following the reopening of international borders is now unwinding faster than previously indicated, reaching an annual rate of 1.8% in Q3 2024 and is now assumed to...

2 Jun 202512min

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