Wages have recorded their highest quarterly increase in history during the September quarter – jumping 1.3 per cent.

The annual Wage Price Index (WPI) also recorded its highest growth since March 2009, rising four per cent.

Private sector wages have accelerated at a more rapid rate than public sector wages, rising 4.2 per cent compared to 3.5 per cent.

The higher growth in the private sector was mainly driven by the Fair Work Commission’s annual wage review decision.

Wages growth is expected to lift further by the end of the year.

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