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How much does the average Australian earn? - featured image

How much does the average Australian earn?

Have you ever wondered what the Average Australian wage is? calculator coin money save debt

Well..according to the Australian Bureau of Statistics (ABS):

The average Australian weekly income is: $1164.60

The average Australian annual income is: $60,892.

 This constitutes a wage growth of just 1.6 per cent over 12 months to the end of last year, which is the slowest annual pace on record.

However,  full-time employees were slightly better off, earning $1,592.40 per week, or $82,804.80 across the year, an increase of 2.2 per cent over the year.

Males earn more 

The ABS report found that the average full-time weekly earnings for males was $1631, while females earned $1388.70.

While there is clearly still a gender wage gap, female wages rose substantially higher than that of males: 3.2% vs. 1.8%.

You can also see how wages vary from State to State in the ABS chart below:

Males earn more
Source: ABS

And here's how much an average Australian earns by industry:

Males earn more2

Source: ABS

About Kate Forbes is the National Director of Property Strategy at Metropole. She has 22 years of investment experience in financial markets on two continents, is qualified in multiple disciplines, and is also a Chartered Financial Analyst (CFA).
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