Australian Average Weekly Earnings.
Average weekly ordinary time earnings for full-time adults, in Australia, was $1,888.80 in November 2023, according to new seasonally adjusted figures released today by the Australian Bureau of Statistics (ABS).
Bjorn Jarvis, ABS head of labour statistics, said: “The annual increase of 4.5 per cent, or $81 a week, was the strongest since May 2013, other than a brief spike in average earnings early in the COVID-19 pandemic.
“The recent rise in average earnings reflects strong wage growth, with the Wage Price Index rising by 4.2 per cent in the year to December quarter 2023. This was the highest annual increase in underlying wage growth since March quarter 2009.”
“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.”
Gender Wage Gap in Australia.
“The gender pay gap in average weekly ordinary full-time earnings, the most commonly cited of the gender pay gap measures, narrowed to 12.0 per cent, down from 13.0 per cent in May 2023 and the lowest level on record.”
“This was the third drop in the gender pay gap in a row, down to a new record low. This narrowing in the gap reflected stronger growth in average full-time earnings for women, 3.5 per cent over the past six months, compared with 2.3 per cent for men.”
“Annual growth was also more pronounced for women at 5.5 per cent, compared with 4.0 per cent for men.”