2024 Salary Increase Projections Australia. Historically, 3% salary increase is a common practice with an inflation rate of below 2%. The wage price index (wpi) rose 0.8 per cent in march quarter 2024, and 4.1 per cent for the year, according to seasonally adjusted data released today by the.

Trading economics provides data for 20 million economic indicators from 196. Employees can expect a higher wage increase this year as hr professionals across australia predict that the mean basic pay increase will hit 3.7% in the 12 months to.