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Quarterly growth in wages and profits in Australia from 1st quarter 2018 to 4th quarter 2020

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Sources

Release date

April 2021

Region

Australia

Survey time period

Q1 2018 to Q4 2020

Supplementary notes

Values refer to non-mining wages and profits.

Citation formats

Quarterly expanse in salary and profits in Australia 2018-2020

Published by Zeynep Dierks, Apr 22, 2021
Company profits rose significantly in the last three quarters of 2020 when wages reached the lowest point in a decade in Australia. Companies in Australia saw profits rise to **** percent during the third quarter in 2020 while the wages reached the lowest point with a decline of negative *** percent in the second quarter of 2020.
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