Salaries listed on job ads have surged 4.1 per cent over the year to June, although growth is no longer accelerating.
In July, advertised salaries for new hires grew another 0.4 per cent, following a 0.4 per cent uptick in June.
While wages are trending upwards amid fierce competition for workers, advertised salary growth was still falling behind the 6.1 per cent annual increase in the consumer price index in the June quarter.
The data, released by job marketplace SEEK, revealed salary growth across the board.
"Unlike previous labour market booms, such as the mining boom, this is not a situation in which some parts of the country pull ahead much more rapidly than the rest," SEEK economist Matt Cowgill said.
"The labour market has been almost uniformly strong," Mr Cowgill said.
Advertised salaries picked up across every state and territory, although South Australia and the Australian Capital Territory recorded relatively modest uplifts.
Jobs in design and architecture observed the sharpest uptick in annual salary growth, up 7.3 per cent, followed by ICT jobs, which saw a 6.2 per cent lift.
Advertised salaries have been rising faster than wages as tracked by the Australian Bureau of Statistics' wage price index.
This may be because employers are more likely to bolster salaries for vacant roles than adjust salaries for existing staff, SEEK says.
Sluggish wage growth in real terms is likely to feed into retail sales figures due to be released on Monday.
Analysts expect consumption momentum to keep easing, with many expecting a 0.3 per cent increase for July - a modest improvement on last month's scores.
In June, retail sales increased 0.2 per cent.
While interest rate hikes are likely to weigh on demand, JP Morgan economists expect low unemployment and high household savings to somewhat offset this effect.
9°C