An Australian incomes $65,000 a 12 months is now thought-about the ‘typical’ employee.
The median or center weekly wage now stands at $1,250, following a 4.2 per cent or $50 rise within the 12 months to August, new Australian Bureau of Statistics information confirmed.
That determine covers each full-time and part-time employees and included the 5.2 per cent minimal wage improve for retail employees that got here into impact on July 1.
Meaning anybody who earns greater than $65,000 a 12 months is among the many high half of Australian employees within the pay stakes.
An Australian incomes $65,000 a 12 months is now thought-about the standard employee. The median or center weekly wage now stands at $1,250, following a 4.2 per cent or $50 rise within the 12 months to August, new Australian Bureau of Statistics information confirmed (pictured is Brisbane’s Queen Avenue Mall)
Australia’s center wage falls between the minimal, full-time wage of $42,255 and the common, full-time wage of $92,030.
The Australian Capital Territory, the house of Canberra public servants, had the best median pay of $78,936, based mostly on a typical weekly wage of $1,518.
The Northern Territory was subsequent on $72,800, based mostly on a median weekly wage of $1,400. That determine places it forward of mining-rich Western Australia on $68,380 a 12 months, based mostly on a weekly wage of $1,315 every week.
New South Wales and Victoria’s median wage was according to Australia’s center pay.
However Queensland, South Australia and Tasmania had pay ranges within the backside half.
Queenslanders usually earned $62,966.80 a 12 months or $1,210.90 every week.
South Australians had a median annual wage of $58,515.60, from a weekly wage of $1,125.30.
Tasmanians had been the poorest, with a mid-point wage of $55,926 or $1,075.50 every week.
Australia’s unemployment price stayed at a 48-year low of three.4 per cent in November with 64,000 jobs created – 34,200 of them full-time and 29,800 half time.
AMP Capital senior economist Diana Mousina mentioned anybody who wished a job had a superb probability of discovering one, with the participation price now at a report excessive of 66.8 per cent.
‘The labour market is at absolute full employment,’ she mentioned.
‘There may be shut to 1 vacant job for each unemployed particular person.’
The Australian Capital Territory, the house of Canberra public servants, had the best median pay of $78,936, based mostly on a typical weekly wage of $1,518 (pictured are protesters exterior Parliament Home)
Australia’s inhabitants stood at 25,978,935 on the finish of June, with the inhabitants rising by 1.1 per cent or 290,900 over the 12 months.
The web annual abroad immigration tempo of 170,900 crept near the pre-pandemic degree of 194,000 throughout the 2019-20 monetary 12 months, which included the opening months of the Covid scare.
Queensland had the steepest inhabitants development of two per cent with 104,400 individuals transferring there, primarily from interstate.
Internet abroad migration was the largest contributor to inhabitants development in NSW, Victoria, South Australia and Tasmania.
The delivery price was the primary issue for Western Australia’s inhabitants development, whereas interstate migration was the key contributing issue for inhabitants development in Queensland, the Northern Territory and the ACT.
When it got here to gender steadiness, Darwin was the one capital metropolis with extra males than females.
It was additionally the youngest capital with a median age of 34.5 years, in contrast with the broader capital metropolis median of 37.1 years and the nationwide median age of 41.8 years.
