Core Insights - Australia's Wage Price Index (WPI) for Q3 2025 increased by 3.4% year-on-year, with a quarter-on-quarter rise of 0.8% [1] - The year-on-year growth rate of 3.4% is consistent with Q2 2025 but slightly lower than the same period last year [1] - The WPI growth outpaced the Consumer Price Index (CPI) growth of 3.2%, indicating a slight improvement in workers' purchasing power [1] Wage Growth by Sector - Public sector wages rose by 3.8% year-on-year, marking the highest level since Q2 2024 [1] - Private sector wages increased by 3.2% year-on-year, the lowest since Q2 2022 [1] - The accommodation and food services sector saw the highest quarterly wage growth at 2.1%, while the finance and insurance sector had the lowest at 0.4% [1] Wage Growth by Region - Western Australia recorded the highest quarterly wage growth at 1.5%, while Tasmania had the lowest at 1.1% [1] Economic Context - The Wage Price Index is a key economic indicator used by Australian authorities to assess the impact of inflation on wages [2] - The Reserve Bank of Australia maintained the benchmark interest rate at 3.6%, citing higher-than-expected inflation and a tight labor market [2]