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The average wage is a measure of total income after taxes divided by total number of employees employed. ... Australia * 52,502 60,585 65,335 63,926
The International Monetary Fund in April 2012 predicted that Australia would be the best-performing major advanced economy in the world over the next two years; the Australian Government Department of the Treasury anticipated "forecast growth of 3.0% in 2012 and 3.5% in 2013", [60] the National Australia Bank in April 2012 cut its growth ...
However, because of wage inflation the federal government indexes wages so that $35,648.55 earned in year 2004 is exactly the same as $23,753.53 earned in 1994. Those two figures came from the yearly list of National Average Wage indexing series. [1]
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.
As we saw, under such policies an unemployment rate of 10 per cent was needed to bring wage claims down to their present state, one in which virtually no increases at all are taking place. [ 16 ] The official Australian unemployment rate did fall under the early Accord, reaching a minimum of 6% in 1990, but rapidly increased between 1990 and ...
This resulted in female wages matching a males wage, rising from 0.75 cents to a man's dollar, to full equal pay. [4] Cameron also ensured any future national wage increases included women. Subsequent to Cameron appointing Gaudron, she became the first female High Court Justice in Australia. [7]
After a three-day trial, the jury found the defendants guilty of "a combination to raise their wages" and fined. [1] 1816 (England) Food riots broke out in East Anglia. Workers demanded a double wage and for the setting of triple prices for food. [3] 1824 (England) The Combination Act 1799 (39 Geo. 3. c. 81) was repealed. [2] 1824 (United States)
In Australia, the principle of "equal pay for equal work" was introduced in 1969. Anti-discrimination on the basis of sex was legislated in 1984. [1] Despite this legislation, the difference between weekly average full-time earnings rose over the last two decades, going from a low of 14.9% in 2004 to a high of 18.9% in 2015.