Here's what the average Australian earns in a week

[TruthTheOnlyDefense]

If you ever wondered what the average Australian earns in a week, we have the answer.

According to the Australian Bureau of Statistics (ABS), average weekly earnings (AWE) grew by 2.4% to $1,191.50 in the 12 months to November 2017, accelerating from the 1.6% increase seen in the year to August.

It was the second fastest increase since late 2013, only surpassed by a 2.1% increase in the 12 months to May 2016.

Average earnings for full-time workers grew by 2.3% to $1,632.10 over the year, up from 2.1% in the previous report.

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As opposed to Australia's Wage Price Index (WPI) which measures hourly wage inflation, the AWE report measures the total taxable gross weekly earnings of all Australian workers divided by the total number of workers.

Essentially, what is earned earned divided by how many workers there are.

That means the AWE not only accounts for hourly wage rates like the WPI, but also the composition of Australia's labour force.

"Factors which can contribute to compositional change include variations in the proportion of full-time, part-time, casual and junior employees, variations in the occupational distribution within and across industries and variations in the distribution of employment between industries," the ABS says.

© Provided by Business Insider Inc So things like hours worked, pay levels in individual industries and the split between male and female workers in various sectors.

It's therefore a crude measurement of what the average Australian earns, rather than what individuals experience themselves.

Helping to underline that point, while earnings for all workers grew by 2.4% over the year, it was once again public sector workers who received larger increase over this period.

The ABS said that average earnings grew by 3.0% to $1,432.60, stronger than the 2.3% lift in average private sector earnings which rose to $1,136.30.

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The variance in the size of earnings between the two groups likely reflects that more part-time and casual workers are employed in the private sector.

For full-time workers, average earnings for private sector staff grew by 2.2% to $1,594.80, below the 2.8% increase in the public sector which grew to $1,773.20.

By gender, females saw their average earnings rise by 2.9% to $959.50. Male average earnings grew 2% over the same period to $1,428.50.

This reflects that more females than males tend to work full-time or casual, along with other considerations.

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"AWE statistics cannot answer whether males and females receive 'equal pay for equal work," the ABS says.

"Also, as it does not collect the relevant information, AWE is not suitable for determining the causes of differences in average earnings between males and females."

For full-time workers, earnings for males grew by 2% to $1748.80, outpaced by a 2.8% increase for females which rose to $1,427.80.

Again, the AWE report is influenced by the split between males and females working in specific industries.

Despite receiving the smallest hourly wage increase in the WPI, average full-time mining sector earnings stood at $2,580.70 in the latest report, the largest of any industry surveyed.

At the other end of the spectrum, those working full-time in the accommodation and food services industry received the smallest at $1,112.90.

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By state and territory, full-time worker earnings in the ACT rose to $1,803.10, the highest in Australia.

We bet most of you already guessed than before you even read it.

They were followed by Western Australia at $1,742.80, the Northern Territory at $1,647.9, New South Wales at $1,585.90, Queensland at $1,527.80, Victoria at $1,524.30 and South Australia at $1,441.50.

Tasmania, at $1,356.20, had the lowest average weekly earnings for full-time workers across the country.

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https://www.msn.com/en-au/money/per...an-earns-in-a-week/ar-BBJqZP1?ocid=spartanntp

 

[Mista]

That's pretty high.

Australia reports their wages quite differently though. It uses weekly instead of monthly, average instead of median.

In the US and Canada for example, median household income is more commonly used to measure the well-being of their middle-class.

 

[TruthTheOnlyDefense]

That's pretty high.

Australia reports their wages quite differently though. It uses weekly instead of monthly, average instead of median.

In the US and Canada for example, median household income is more commonly used to measure the well-being of their middle-class.

Yeah true we get paid every week here, some small business do pay every fortnight. But we get paid pretty well but then the cost of living is high in Australia.

But you can see the government putting the money back into development and if we have a problem all we have to do is call the local council and they well come out and find it within 24 hours.

 

[UKBengali]

Yeah true we get paid every week here, some small business do pay every fortnight. But we get paid pretty well but then the cost of living is high in Australia.

But you can see the government putting the money back into development and if we have a problem all we have to do is call the local council and they well come out and find it within 24 hours.

Yep, Germany and Australia is similar in terms of GDP/capita PPP.
Still better to have higher wages like in Australia as holidays abroad are cheap.

 

[TruthTheOnlyDefense]

Yep, Germany and Australia is similar in terms of GDP/capita PPP.
Still better to have higher wages like in Australia as holidays abroad are cheap.

Yeah true holidays in most Asian countries are very cheap for us but Europe is very expensive.

 

[UKBengali]

Yeah true holidays in most Asian countries are very cheap for us but Europe is very expensive.

Really?
Only Norway and Switzerland are expensive.
Rest of the countries should be cheap for Australian salaries.

 

[TruthTheOnlyDefense]

Really?
Only Norway and Switzerland are expensive.
Rest of the countries should be cheap for Australian salaries.

Yeah it depends of the exchange rate Aussies find it cheaper to go to Asian countries for example Indonesia, Malaysia etc.

For example $1 AUD is only 0.64 Euro and only 0.56 UK.

Then you compare the AUD to the Indian rupee you get for $1 Aud is 50.95 India rupees.

 

[UKBengali]

Yeah it depends of the exchange rate Aussies find it cheaper to go to Asian countries for example Indonesia, Malaysia etc.

For example $1 AUD is only 0.64 Euro and only 0.56 UK.

Of course countries like Malaysia and Indonesia would be cheaper than Westerns Europe.
Still the high Australian wages would make holidays in most of Europe quite affordable.

 

[TruthTheOnlyDefense]

Of course countries like Malaysia and Indonesia would be cheaper than Westerns Europe.
Still the high Australian wages would make holidays in most of Europe quite affordable.

Not if you have a family it gets very expensive.

 

[Mista]

Yep, Germany and Australia is similar in terms of GDP/capita PPP.
Still better to have higher wages like in Australia as holidays abroad are cheap.

Yeah true holidays in most Asian countries are very cheap for us but Europe is very expensive.

Australia is quite far from other countries though, except for NZ. I once took a flight from Melbourne to Singapore, one of the nearer cities, and it still took nearly 8 hours. That's similar to the flight time to Dubai from Singapore. Longer flight also means greater cost.

Meanwhile Germany is right at the heart of Europe.

But you can see the government putting the money back into development

Really? My impression is that Australia spends more of her budget on welfare than infrastructure development.

 

[TruthTheOnlyDefense]

Australia is quite far from other countries though, except for NZ. I once took a flight from Melbourne to Singapore, one of the nearer cities, and it still took nearly 8 hours. That's similar to the flight time to Dubai from Singapore. Longer flight also means greater cost.

Meanwhile Germany is right at the heart of Europe.



Really? My impression is that Australia spends more of her budget on welfare than infrastructure development.

Well Australia is huge it takes about 5 - 6 hours just to cross Australia before you even get out of Australian air space.

Melbourne - Darwin is 3,140 km and Brisbane - Perth is 4 hours 3 minutes

So if you are flying from Tasmania you add another 45 minutes.

And then Australia has another 1000 kilometers before you leave Australian air space so that's another 1 - 2 hours flying time.

Australia is massive I don;t think people know how big land wise Australia is.

It takes less time to fly to New Zealand.

 

[Mista]

Well Australia is huge it takes about 5 - 6 hours just to cross Australia before you even get out of Australian air space.

Melbourne - Darwin is 3,140 km and Brisbane - Perth is 4 hours 3 minutes

So if you are flying from Tasmania you add another 45 minutes.

And then Australia has another 1000 kilometers before you leave Australian air space so that's another 1 - 2 hours flying time.

Australia is massive I don;t think people know how big land wise Australia is.

It takes less time to fly to New Zealand.

I think most foreigners who travelled to Australia by plane before know how big is her landmass.

Her land area is twice of India but with a population of Shanghai. Most of the land are uninhabited.

When I flew from Melbourne to Singapore, most of the time was flying across the vast outback. Took a nap twice and the scenery is the same whenever I look out of the plane.

 

[TruthTheOnlyDefense]

I think most foreigners who travelled to Australia by plane before know how big is her landmass.

Her land area is twice of India but with a population of Shanghai. Most of the land are uninhabited.

When I flew from Melbourne to Singapore, most of the time was flying across the vast outback. Took a nap twice and the scenery is the same whenever I look out of the plane.

Not talking about people who have traveled to Australia talking about the people who haven't.