[Australia] ABS reveals average weekly earnings

New data has revealed that workers in Australia earn an average of just under $2000 per week, 9News reports.

The Australian Bureau of Statistics (ABS) announced that the weekly ordinary time earnings for full-time adults was $1888.80 in November 2023.

According to Bjorn Jarvis - ABS head of labour statistics - this is an annual increase of 4.5 per cent or $81 per week.

"The annual increase of 4.5 per cent was the strongest since May 2013, other than a brief spike in average earnings early in the COVID-19 pandemic.

"Average earnings growth was supported by increases in both the private sector, which rose by 4.4 per cent, and public sector, up by 4.9 per cent," Mr Jarvis said.

The highest average weekly ordinary time earnings rates for full-time workers were reportedly in Western Australia ($2108) and the Australian Capital Territory ($2080), while the lowest rates were in Tasmania ($1670) and South Australia ($1735).

Workers in the mining industry continue to be the highest paid on average, paid at $2952 a week for full-time employees. Next were those in information media and telecommunications ($2406) and professional, scientific and technical services ($2223).

The lowest paid full-time workers, on average, were reportedly found in the accommodation and food services ($1397) and retail trade ($1435) industries.

The Wage Price Index rose by 4.2 per cent in the year to December quarter 2023. It was the highest annual increase in underlying wage growth since March quarter 2009.

In the past year, average earnings for part-time employees also had significant growth. Average earnings for all employees rose by 3.9 per cent in November 2023.

Source: 9News

(Quotes via original reporting)

New data has revealed that workers in Australia earn an average of just under $2000 per week, 9News reports.

The Australian Bureau of Statistics (ABS) announced that the weekly ordinary time earnings for full-time adults was $1888.80 in November 2023.

According to Bjorn Jarvis - ABS head of labour statistics - this is an annual increase of 4.5 per cent or $81 per week.

"The annual increase of 4.5 per cent was the strongest since May 2013, other than a brief spike in average earnings early in the COVID-19 pandemic.

"Average earnings growth was supported by increases in both the private sector, which rose by 4.4 per cent, and public sector, up by 4.9 per cent," Mr Jarvis said.

The highest average weekly ordinary time earnings rates for full-time workers were reportedly in Western Australia ($2108) and the Australian Capital Territory ($2080), while the lowest rates were in Tasmania ($1670) and South Australia ($1735).

Workers in the mining industry continue to be the highest paid on average, paid at $2952 a week for full-time employees. Next were those in information media and telecommunications ($2406) and professional, scientific and technical services ($2223).

The lowest paid full-time workers, on average, were reportedly found in the accommodation and food services ($1397) and retail trade ($1435) industries.

The Wage Price Index rose by 4.2 per cent in the year to December quarter 2023. It was the highest annual increase in underlying wage growth since March quarter 2009.

In the past year, average earnings for part-time employees also had significant growth. Average earnings for all employees rose by 3.9 per cent in November 2023.

Source: 9News

(Quotes via original reporting)