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In the United Kingdom and in Australia, the Average Weekly Earnings (AWE) is the lead indicator of short-term changes in earnings. [1] In the UK, it replaced the Average Earnings Index (AEI) as the lead measure of short-term earnings growth in January 2010. [2]
Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
Median total household weekly income in Australia divided geographically by statistical local area, as of the 2011 census Australian total gross income per capita. Median household income is commonly used to measure the relative prosperity of populations in different geographical locations.
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.
Median weekly personal income was A$998 in 2015-16. By the same year, family and household median weekly incomes stood at A$2,445 and A$2,070, respectively. [10] As at November 2018, the ACT holds the highest average weekly ordinary earnings (AWOTE) amongst all Australian jurisdictions at A$1,811 (in comparison to A$1,606 nationally ...
(Reuters) - Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and invest up to $5 billion in the company's artificial ...
Western Australia has the largest gender pay gap of any state or territory in Australia. As of May 2021, the gap was 21.9% in average weekly ordinary time between male and female earnings. [32] A specialist Pay Equity Unit in Western Australia was established in 2006 to address the State's gender pay gap.