Pay rises revealed: The Aussie jobs getting the most (and the least)
The annual wage increase of 4.5 per cent is the strongest since May 2013.
Discussing what your pay may be taboo but the Australian Bureau of Statistics (ABS) can get away with it, and it’s revealed the most recent data found a full-time worker earned, on average, $1,888.80 a week - $98,217 a year.
“The annual increase of 4.5 per cent, or $81 a week, was the strongest since May 2013, other than a brief spike in average earnings early in the COVID-19 pandemic,” Bjorn Jarvis, ABS head of labour statistics, said.
The “strong” growth comes as the wage price index lifted 4.2 per cent in the year up to December 2023 and was ahead, albeit slightly, of inflation at 4.1 per cent, meaning Australians got their first real pay rise in almost three years.
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A slew of data released this week has revealed where Australians are being paid the most, which industries are cashing in on the biggest pay rises, and which jobs netted the most money. Here’s a breakdown.
Location, location location: Best and worst paid parts of Australia
Those working full time in Western Australia are being paid the most in the country, netting $2,108 a week. They were followed by the Australian Capital Territory, where the average earnings were $2,080.
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New South Wales, Victoria and Queensland were all pretty close and ranked in that order, with workers taking home $1,891, $1858 and $1844, respectively.
The worst-paid Aussies are living in Tasmania and South Australia, taking home an average weekly pay of $1,670 and $1,735, respectively.
3 highest-paying industries
Mining - $2,952 a week
Information media and telecommunications - $2,406
Professional, scientific and technical services - $2,223
3 worst-paying industries
Accommodation and food services - $1,397
Retail trade - $1,435
Other services - $1,439.10
‘Other services’ seemed a bit vague so Yahoo Finance contacted the ABS, which advised that included jobs like repair and maintenance, and private households who employ staff. This can be personal care services like hair, beauty, diet and weight management too.
Jobs with the best and worst pay rises
Financial and insurance service workers had the smallest increase in pay recorded, while healthcare and social workers had the largest bump. Here’s the full round up:
Healthcare and social assistance - up 5.5 per cent
Education and training - up 4.8 per cent
Administration and support services - up 4.5 per cent
Retail trade - up 4.3 per cent
Manufacturing - up 4.2 per cent
Construction - up 4.1 per cent
Mining - up 4.1 per cent
Transport, postal, and warehousing - up 4.1 per cent
Information media and telecommunications - up 4 per cent
Arts and recreation services - up 3.8 per cent
Professional, scientific, and technical services - up 3.8 per cent
Electricity, gas, water and waste services - up 3.7 per cent
Public administration and safety - up 3.6 per cent
Financial and insurance services - up 3.2 per cent
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