Recently, the Australian Bureau of Statistics (ABS) released the latest average salary in Australia, which is amazing! Excluding bonuses and overtime pay, the average annual salary of full-time workers in Australia is 91,917 Australian dollars. Including annual salary and overtime pay, the average annual salary is 94,261 Australian dollars. The average salary of the mining industry is still the highest, and the salary in the capital territory has the fastest increase!
At present, the annual salary growth rate of full-time employees in Australia is 2.1%, while the inflation rate is already 3.5%. The salary increase is lower than inflation, which means that everyone's actual income has decreased. If bonuses and overtime pay are included, the annual average wage increase of some Australian full-time workers has reached 3.8%, barely exceeding the inflation rate. This result means that most full-time workers in Australia are still seriously affected by inflation.
Highest paid occupation:
The average full-time annual salary in mining industry is the highest, which is 138,128 Australian dollars. Followed by the media and information technology industry, it is 113,276 Australian dollars. Wages in these two industries increased by 7.1%. The annual salary in the financial and insurance industries reached A $111,142. Professional and technical service industries-including lawyers, accountants, architects and engineers-generally have an annual salary of 116,673 Australian dollars. The average salary of civil servants and police officers is 98,326 Australian dollars. The annual salary of retail employees is 68,349 Australian dollars, which is far lower than the average of 87,953 Australian dollars in health and social assistance industries, but higher than 63,377 Australian dollars in accommodation and catering industries.
Wage increase by state:
Capital Territory has the highest wage increase, reaching 4.8%, with an average wage of 112,882 Australian dollars. This also represents that politicians are still high-income groups;
The wages of office workers in Tasmania increased by 3.6% to 81,168 Australian dollars;
wages in Queensland increased by 3.5% to 86,637 Australian dollars;
Wages in South Australia increased by 3.2% to 82,685 Australian dollars;
Wages in Western Australia have only increased by 3%, because other industries are dragging their feet. The average wage in Western Australia is 98,582 Australian dollars, which is second only to the leader's land in Australia. This shows how rich the income of mining groups is.
The wage level in NSW has only increased by 1.5%. Even so, the average annual salary is still 91,577 Australian dollars, which is higher than the average level.
Wages in Victoria increased by 2.4% to 91,494 Australian dollars;
The only wage level in Northern Territory in Australia has dropped by 1.3%, with an average annual income of 88,327 Australian dollars.