According to the data provided by the Australian Bureau of Statistics, average weekly ordinary time earnings for full-time adults was AU$1,808 in November 2022.
The surge in average weekly earnings, was similar to the wage growth seen in the ABS’ Wage Price Index, which increased by 3.3% over the year. Over the six months to November 2022, average weekly ordinary time earnings for full-time adults increased at a stronger rate in the private sector than in the public sector. However, the public sector remained higher paid on average at AU$1,965 compared with AU$1,768 in the private sector.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
