Average Wages up 6.2%
A bit later than normal, we have finally caught up with the Australian average wages (AWOTE) for September quarter of 2005 and updated Research Data Series. The increase for the quarter was 1.3% and 6.2% for the year. Average wages were $1022 per week or $53,144pa. Based on House prices (also for September quarter) the ratio of House prices in capital cities to Australian average annual wages are as follows:
*Sydney - 9.8
*Melbourne - 6.8
*Brisbane - 5.8
*Adelaide - 5.1
*Perth - 5.8
*Canberra - 6.6
*Hobart - 5.0
*Darwin - 5.6
Posted Sunday, 8 January 2006
Recent News
- Friday, 27 Nov 2020 - RIR and Why Oz needs a Heath System Tax (HST)
- Saturday, 11 Apr 2020 - Back to Work with Covid-19? - Not so Fast!
- Tuesday, 7 Apr 2020 - Key people charting the Australian Recovery
- Wednesday, 1 Apr 2020 - Population Mortality effects of CoVid19
For past news items, visit the News Archive.
All images and text Copyright © Financial Demographics ABN 66 196 570 592. All Rights Reserved.
Copyright Statement | Disclaimer | Privacy Policy