As wages struggle to keep up with rising prices and high inflation is diluting people's purchasing power, Australian full-time employees need to earn an annual income of AU$91,000 to be above the average income.

2024/05/0522:43:32 hotcomm 1664

As wages struggle to keep up with rising prices and high inflation is diluting people's purchasing power, Australian full-time employees need to earn an annual income of AU$91,000 to be above the average income. - DayDayNews

[Australian Network Compiled Report] As wages struggle to keep up with rising prices, high inflation is diluting people's purchasing power. Australian full-time employees need to have an annual income of 91,000 Australian dollars to be higher than the average income.

The average salary of full-time employees in Australia has been revealed

" Daily Mail " reported on the 27th that the latest data released by the Australian Bureau of Statistics (Australian Bureau of Statistics) shows that as of November 2021, without counting bonuses and Including overtime pay, the average salary of a full-time employee in Australia is A$90,917. Australians who are working longer hours are seeing annual wage growth of only 2.1%, which is well below the 3.5% inflation rate, meaning full-time workers are watching helplessly as rising prices eat up their wage increases. Full-time employees who were lucky enough to receive bonuses and overtime saw wages rise by 3.8 per cent to $94,260. Their wages at least exceed the rate of inflation. Last year, inflation rose to its highest level since the depths of the global financial crisis in 2008.

Mining income is high, women's wages have been hit hard by the epidemic

The average full-time salary in the mining industry is the highest, at 138,128 Australian dollars, followed by the media and information technology industry, at 113,276 Australian dollars, and wages in this industry have increased by 7.1%. The average salary in the professional and technical services sector, which includes lawyers, accountants, architects and engineers, is $106,673. The average salary for civil servants and police officers is $98,326. The average Australian male working full-time earns $96,018, while women earn $82,742. Senior economist Ryan Felsman said while the gender pay gap was narrowing, women were more likely to lose hours due to last year's COVID-19 outbreaks in Sydney and Melbourne. He said government pandemic restrictions often had the greatest impact on female workers, as part-time work declined as women's responsibilities to care for families increased. "However, it is encouraging to see that in the six months to November last year, the average normal weekly earnings of women working full-time increased." In terms of states and territories, the Capital Territory has the highest per capita salary, reaching AU$102,882, and the highest salary increase, reaching 4.8%. Western Australia ranked second in per capita salary, reaching 98,582 Australian dollars, an increase of 3%. New South Wales and Victoria followed closely, with per capita wages of 91,577 Australian dollars and 91,494 Australian dollars respectively, with salary increases of 0.5% and 2.4% respectively. This is followed by Northern Territory , Queensland, South Australia and Tasmania, with per capita salaries of A$88,327, A$86,637, A$82,685 and A$80,168 respectively. Among them, only the Northern Territory saw negative wage growth, down 0.3%. (Compiled by Wang Yuqing)

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