Average weekly earnings take a hammering (members)

Thursday, 14 August 2014

The Australian Bureau of Statistics (ABS) has just released the Average Weekly Earnings (AWE) data for the six months to May 2014. A breakdown of the key changes is provided below:

According to the ABS, on a seasonally-adjusted basis, national total AWE increased by just 0.8% in the six months to May 2013, to be just 1.6% higher year-on-year.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.