Australian Economy

Real average weekly earnings take a pounding

Leith van Onselen
Thursday 23 February 2017
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By Leith van Onselen

The Australian Bureau of Statistics (ABS) has released the Average Weekly Earnings (AWE) data for the six months to November 2016. A breakdown of the key changes are provided below:

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According to the ABS, on a seasonally-adjusted basis, national total AWE increased by 0.9% in the six months to November 2016, 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.