As of November 2024, the Australian Capital Territory had the highest mean weekly earnings of employees, with 2178.4 Australian dollars per week. Tasmania had the lowest mean weekly earnings, at 1765.6 Australian dollars per week.

Wages in Australia increased to 1542.30 AUD/Week in the second quarter of 2025 from 1510.90 AUD/Week in the fourth quarter of 2024. This dataset provides - Australia Average Weekly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of 2024, the mean weekly earnings of employees in Australia with a postgraduate degree were roughly 1,925 Australian dollars. Comparatively, the mean weekly earnings of people without non-school qualifications were around 1000 Australian dollars.

Key information about Australia Monthly Earnings

• Australia Monthly Earnings stood at 4,026 USD in Nov 2024, compared with the previous figure of 3,903 USD in May 2024
• Australia Monthly Earnings data is updated semiannually, available from May 2012 to Nov 2024, with an average number of 3,740 USD
• The data reached the an all-time high of 4,560 USD in May 2013 and a record low of 3,344 USD in Nov 2015

CEIC calculates Monthly Earnings from Average Weekly Earnings multiplied by 4 and converts it into USD. The Australian Bureau of Statistics provides Average Weekly Earnings in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings are in biannual frequency, ending in May and November of each year.


Further information about Australia Monthly Earnings

• In the latest reports, Australia Population reached 27 million people in Dec 2023
• Unemployment Rate of Australia increased to 4 % in Jan 2025
• The country's Labour Force Participation Rate dropped to 67 % in Jan 2025

Since August 1986, the mean weekly earnings of female, part-time employees in Australia have exceeded those of their male equivalents. In August 2024, at 703 Australian dollars, the mean weekly earnings of a female part-time employee in Australia were 80 Australian dollars more than an equivalent male's weekly earnings.

In 2024, the average annual wage in Australia had reached ******* Australian dollars. Since 2000, the average wage in Australia has increased by around ****** Australian dollars. Since 2018, the average wage in Australia has remained fairly stagnant.

Key information about Australia Household Income per Capita

• Australia Annual Household Income per Capita reached 30,914.027 USD in Jun 2020, compared with the previous value of 34,767.371 USD in Jun 2018.
• Australia Annual Household Income per Capita data is updated yearly, available from Jun 1995 to Jun 2020, with an averaged value of 25,207.153 USD.
• The data reached an all-time high of 43,819.349 USD in Jun 2012 and a record low of 15,753.318 USD in Jun 2001.
• In the latest reports, Retail Sales of Australia grew 4.217 % YoY in May 2023.

CEIC calculates Annual Household Income per Capita from annual Weekly Average Household Income multiplied by 52, annual Number of Household and quarterly Total Population and converts it into USD. The Australian Bureau of Statistics provides Average Household Income in local currency, Number of Household and Total Population. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income per Capita is in annual frequency, ending in June of each year. Household Income per Capita prior to 2008 based on 2017-2018 price.

Wages in Australia increased 3.40 percent in June of 2025 over the same month in the previous year. This dataset provides - Australia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of 2024, the mean weekly earnings of employees in Australia working in the mining industry were close to 3.1 thousand Australian dollars. Comparatively, the mean weekly earnings of people working in the accommodation and food services industry were 1.4 thousand Australian dollars.

Between March 2024 and March 2025, wages in Australia declined by around 0.6 percent. Wage growth in recent years has been relatively low in comparison to previous years, in particular in December 2020, which only saw a wage growth of 1.3%. Inflation and CPI outstripping wages While wages have increased in Australia, they have still not matched the rate of inflation, which was sitting at 2.4 percent at the end of 2024, down from a high of 7.8 percent at the end of 2022. The high cost of goods has also put pressure on the public, with the Consumer Price Index standing at around 139.4 points, compared to a base year of 2011-12. Rent is on the rise As with many around the world, Australians are also feeling the costs of rent increases. The majority of people in Australia perceive that the cost of rent has risen significantly in their local area. This in turn has seen the government expenditure on rental assistance continue to be high, with around 4.7 billion Australian dollars spent to assist the Australian public in maintaining their housing needs.

As of August 2024, the mean weekly earnings of employees in Australia were 1,700 Australian dollars. Since August 1975, the mean weekly earnings of employees in Australia have increased more than ten-fold.

As of November 2024, men earned on average 3,203.7 Australian dollars per week in the mining industry in Australia, compared to an average of 2,648.3 Australian dollars for women. Pay disparity has become a prevalent issue in recent times, with many Australians supporting equality in terms of how much men and women are paid for the same job.

Australian Securities Exchange reported 4.57 in Dividend Yield for its fiscal semester ending in December of 2024. Data for Australian Securities Exchange | ASX - Dividend Yield including historical, tables and charts were last updated by Trading Economics this last September in 2025.

The Gross Domestic Product per capita in Australia was last recorded at 61211.90 US dollars in 2024. The GDP per Capita in Australia is equivalent to 485 percent of the world's average. This dataset provides - Australia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The household incomes chart shows how many household fall in each of the income brackets specified by Statistics Canada.

As of November 2024, women working in the public sector in Australia earned on average approximately 1,644.8 Australian dollars per week compared to 2,117.5 Australian dollars for men. Pay disparity has become a prevalent issue in recent times, with many Australians supporting equality in terms of how much men and women are paid for the same job.

The Milk Powder Manufacturing industry has faced challenging conditions in recent years. Domestic milk production has declined, reducing industry output and lifting milk prices. Unfavourable weather conditions, like flooding in 2022-23, and mandatory minimum farmgate milk price disclosure under the Dairy Industry Code of Conduct 2020 have further elevated prices. Supply-side pressures have driven manufacturers to sell almost all products overseas, with exports contributing significantly to revenue. Free trade agreements with countries like Indonesia and China have provided attractive tariffs, boosting foreign demand. Asia’s rising middle class has driven consumers to seek high-quality milk powder from premium dairy-producing countries, favouring Australian products like infant formula and adult milk powder. Although pandemic-induced stockpiling in China temporarily boosted exports, a stronger Australian dollar, along with sluggish economic conditions and low household income in China, has recently diminished export sales. Overall, industry revenue is expected to have fallen at an annualised 7.5% over the five years through 2024-25, to $768.2 million. This includes an anticipated 5.6% plunge in 2024-25 due to falling prices and production across product segments. The industry is in decline, set to grow slower than the economy over the 10 years through 2029-30. Major companies have optimised their milk powder production, slightly mitigating high operating costs. For example, Saputo shut down a production line, and Fonterra plans to sell multiple brands. However, meagre profitability has squeezed out many small-scale manufacturers, causing enterprise and establishment numbers to drop. Average wages have risen due to higher payments to skilled workers over the past few years. Yet manufacturers’ adoption of automated machinery has replaced manual workers, diminishing the industry’s employment and total wage costs. Revenue is projected to fall marginally over the coming years. The milk pool is forecast to shrink, constraining the output available to local and overseas markets. Growing New Zealand counterparts are set to capture unmet demand, shaking Australian manufacturers’ market position. The industry’s reputation will retain loyal customers, but a lack of innovation and value-added products is poised to fuel a marginal revenue decline. Overall, revenue is forecast to decrease at an annualised 0.9% over the five years through 2029-30, to $732.9 million.

Household Saving Rate in Australia increased to 5.20 percent in the first quarter of 2025 from 3.90 percent in the fourth quarter of 2024. This dataset provides - Australia Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Between March 2024 and March 2025, wages in the Australian Capital Territory grew by an average of 3.9 percent. Average wage growth across all states and territories measured around 3.4 percent during the time period. New South Wales experienced the lowest average wage growth during the period, with 3.1 percent.

The house price-to-income ratio in Australia was ***** as of the first quarter of 2025. This ratio, calculated by dividing nominal house prices by nominal disposable income per head, increased from the previous quarter. The price-to-income ratio can be used to measure housing affordability in a specific area. Australia's property bubble There has been considerable debate over the past decade about whether Australia is in a property bubble or not. A property bubble refers to a sharp increase in the price of property that is disproportional to income and rental prices, followed by a decline. In Australia, rising house prices have undoubtedly been an issue for many potential homeowners, pricing them out of the market. Along with the average house price, high mortgage interest rates have exacerbated the issue. Is the homeownership dream out of reach? Housing affordability has varied across the different states and territories in Australia. In 2024, the median value of residential houses was the highest in Sydney compared to other major Australian cities, with Brisbane becoming an increasingly expensive city. Nonetheless, expected interest rate cuts in 2025, alongside the expansion of initiatives to improve Australia's dwelling stock, social housing supply, and first-time buyer accessibility to properties, may start to improve the situation. These encompass initiatives such as the Australian government's Help to Buy scheme and the Housing Australia Future Fund Facility (HAFFF) and National Housing Accord Facility (NHAF) programs.