What Is The Average Australian Weekly Wage?

How much does the Australian make in a year?Image: iStock

The Australian Bureau of Statistics (ABS) has released its average weekly earnings report which does exactly what it says on the tin. By taking the average weekly earnings and multiplying them by 52, it's possible to work out the average annual wage in Australia. Here's how much you should be earning.

Average Australian Weekly Earnings: $1164.60

Average Australian Yearly Earnings: $60,892.

The ABS average weekly earnings report estimates the average value of wages and salaries paid to employees by an employer over a specified period, and takes into consideration both hourly rates of pay and the amount of hours worked.

The average weekly earnings for Australians currently stands at $1164.60, according to the ABS' research data. This equated to average yearly earnings of $60,892.

This constitutes a wage growth of just 1.6 per cent over 12 months, which is the slowest annual pace on record. (By contrast, when the report was last released in May 2016, wages had grown by 2 per cent.) It is also below the inflation rate at 1.5 per cent.

When separated from part-time and casual workers, full-time employees fared slightly better, with a weekly earnings lift of 2.2 per cent. This works out to $1,592.40 per week, or $82,804.80 across the year.

The ABS report also separated the numbers by gender. It found that the average full-time weekly earnings for males was $1631, while their female counterparts made $1388.70. While a gender wage gap is still apparent, female wages actually rose substantially higher than male: 3.2% vs. 1.8%.

You can also see how workers fare in each Australian state and territory in the ABS chart below:

Image: ABS

And here's how much an average Aussie earns by industry:

Image: ABS

If you're feeling bummed out by these figures it's worth noting that average wages are not the same as median wages - the people at the top can skew the overall results. If you're making under $1164.60 a week, this does not necessarily mean that you're in the "bottom half" of the population.


How does your weekly wage stack up to the national average? Feel free to vent or gloat in the comments!

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[Via Business Insider]

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Comments

    This is before tax isn't it?

      Pretty sure it is. My annual when I'm actually working is more than that average, and there's no way I walk away with $1164.50 in my pocket every week.
      Unfortunately, I've been ill the past year, and still got issues, so I'm stuck with sickness benefit payments of a mere $600 odd a fortnight. :\
      Can't wait til I can get back to working again.

        Damn even bots make more than me

          Hahahah with a name like Trumble, you should be on Prime Minister money ;)

    Statistics are twisted numbers, the monetary numbers are calculated into an average, $4, $7, $13 and $17, the average number of dollars is $10.25 therefore the statistics number is not an average wage because no-one receives an average wage.
    Now create a list of the millions of people earning less than $25,000 p.a but you can't get any of them to say they receive an average wage.
    Wealthy people are becoming wealthier, poor people are becoming poorer so in a badly-governed wealthy country wealth is something to be proud of, in a well-governed wealthy country like Australia poor people and poverty is something a government shoud be ashamed of!

      Yes, this is the "average" --> Let's have a look at the "median".

      I am sure this would be way less than the $60k average.

        Completely agree, would be very interesting to see the difference between the two. Would show how so skewed "average" is.

          With a bit of googling it looks like the median income is about $50k/year.

        Thank you!

        Averages are nice, but in this context the range makes it mean nothing. This is obvious when looking at the "average" mining wage compared to all "average" wages in other industries...

        A median would give a MUCH clearer picture!

      So, if you want to focus on poverty, why are you choosing the median, rather than (for example) the 10% decile?

    If you're feeling bummed out by these figures it's worth noting that you'll likely remain bummed out regardless of whether you look at the median wage, the proportion and division of part time employment, employment rate by age, underemployment, or even the usually pleasant .gif of a puppy drinking water.

    I agree

    When I worked for the WA government before I retired, salaries were specified as an annual figure. We divided annual salary by 26 1/12 to get fortnightly pay.

    Do you not multiply weekly wages by 52 1/6 (0.32% more) to get annual wages?

    While a gender wage gap is still apparent...

    While a gender earnings gap is still apparent...

    FTFY.

      There is no pay gap. Google Maddox pay gap. It's a fallacy.

    "Here's how much you should be earning."
    No - the average income has nothing to do with how much you earn.
    What you do determines your income.

    Last edited 22/05/17 12:31 pm

    Ugh, so how is 1.6% wage growth "below the inflation rate at 1.5 per cent"? Basic editing would be great aye? The inflation rate is more like 2.1% as well (for last quarter at least).

    It is still not an average wage, what is the 'average wage' of politicians, the 'average' pension of retired people who don't have other income who worked before superannuation was forced upon employers, and if politicians did not rape and destroy the Pension Scheme, money which accumulated from the 7% paid into the Pension Fund from the wages received by people who had a job. This was peoples' own money, saved in the Fund to draw a pay when retired, there was $$$$$$ billions in that fund.
    Will you post an average of income tax, an average of the the amount tax collected and squandered by governments on useless projects
    How about posting the average of a household's cost of living which increases by a greater percentage than the 'average' wage including the average vehicle registration which increased again in Qld. much more than the CPI.
    The real people in Australia who live in the real world and do a job which benefits Australia's citzens are not paid a wage anywhere near to 'The Average Wage'.

    pfft.. atm.. unable to find a job... I'm stuck underemployed for nearly a year now and I'm earning a mere $484 a week (gross) plus Centrelink around $55 a week. Leaving me a good $540ish a week. WELL bellow anything here. #wasmaderedundant #cantgetbakup #frustrating

      That sucks man. What sort of work do you do? Or at this point would you do anything that puts food on the table (within reason)?

        I was an IT Sys Admin before I was made redundant. But living in Adelaide there's very little work around and many many people looking for work.

        As it stands I'm driving a school bus for disabled students, around 20 hours a week. I have a probable job coming up in August (cabin crew) but that seems far off, financially. For me, it's a big waiting game right now. Can't get real employment because I've got this job coming up and I'm working split shifts driving. But because they are disabled students I can't just bail out on them hard either, it's unfair to them (no matter how much you want to say look after yourself, I care more for their growing up sanely haha).

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