Since the pandemic award wages have gone backwards

Index of the award wages, Sept 2000 = 100

Sept 2020
2011-2020 trend
ACTU
ACCI
Sept 2023
All figures in Sept 2023 dollars. Declined using quarterly CPI, Jun 2024 level calculation based on RBA estimates from inflation from the February 2024 statement on monetary policy
Chart: Greg JerichoSource: FWC, ABS, RBAGet the dataCreated with Datawrapper