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How much is the average Australian earning?

  • December 05 2019
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Earn

How much is the average Australian earning?

By Louise Chan
December 05 2019

INFOGRAPHIC: According to the Australian Bureau of Statistics’ report, Employee earnings and hours, there were 10,647,200 employed Aussies in May 2018.

How much is the average Australian earning

How much is the average Australian earning?

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  • December 05 2019
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INFOGRAPHIC: According to the Australian Bureau of Statistics’ report, Employee earnings and hours, there were 10,647,200 employed Aussies in May 2018.

How much is the average Australian earning
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Among the employed, 60.2 per cent worked in a full-time capacity, 5.9 per cent of whom were in managerial roles, while 54.3 per cent in non-managerial roles.

The 39.8 per cent of employees in Australia were involved in part-time work composed of 1 per cent in managerial roles, 28.9 per cent in non-managerial positions. The remaining 20 per cent are employees with fixed or permanent part-timers.

The report also revealed that employed females outnumber males – but only by a margin. As at May 2018, 50.1 per cent of the employed are females and 49.9 per cent are males.

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Average employee earnings

The report revealed that the overall average weekly earning of employed individuals is at $1,288.70 – but with males reporting up to $500 higher incomes than their female counterparts.

The overall average weekly cash earning for males is at $1,525.40, while females reported an overall average of $1,053.30.

Male full-time employees have average incomes of $1,810.90, while females working at the same capacity earn $1,515.60. On the other hand, male part-time workers earn an average of $666 per week and female earn a bit higher with $669.30.

Among the different employment levels, those who held managerial positions reported earning an average weekly income of $2,424.50 – the highest reported weekly earning.

Sales workers reported the lowest average weekly income at $735.90.

Employee income by age

The ABS report identified the age bracket of employed individuals and average earning, as well.

Among the employed, 737,800 are below 20 years of age who earn an average of $383.70 weekly.

The 3,496,600 employees aged 21 to 34 years earned a weekly average of $1,127.60, while 2,320,900 in the 35 to 44 age bracket had a weekly average income of $1,503.70.

This is followed by 2,255,200 employees aged 45 to 54 who earn an average weekly income of $1,544.20.

Finally, there were 1,836,600 employees 55 years old and older whose weekly average earning is at $1,288.70.

The ABS report excludes individuals who reported that they were self-employed.

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About the author

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Louise is a content producer for Momentum Media’s nestegg who likes keeping up-to-date with all the ways people can work towards financial stability in 2019. She also enjoys turning complex information into easy-to-digest, practical tips to help those who want to achieve financial independence.

About the author

Louise is a content producer for Momentum Media’s nestegg who likes keeping up-to-date with all the ways people can work towards financial stability in 2019. She also enjoys turning complex information into easy-to-digest, practical tips to help those who want to achieve financial independence.

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