The average pay for an Australian job seeker is lower than that of the UK and France, according to data from the Australian Bureau of Statistics (ABS).
The Australian Bureau reports the median weekly wage for a full-time employee in the mining, agriculture, forestry, fishing and tourism sectors was $1,977, while the average weekly wage was $2,846.
But according to the Bureau’s data, the median salary for a position in Australia’s biggest cities was $18,000, while jobs in regional townships were the highest paid, at $19,000.
The average salary for an entry-level job in Sydney was $26,600.
While the data shows that the median income for a single Australian in Australia is significantly higher than the average in the UK, France and Germany, it also shows that Australia’s labour market is not that far behind those countries in terms of quality of life.
In 2016, the average monthly income of a person in Australia was $16,700, compared with $17,500 in France and $18.20 in Germany, according the ABS.
In 2017, the ABS said that Australia was ranked third in the world in the quality of its health care, and fifth in the health sector.
The median annual income for Australia’s population was $35,100 in 2016, up from $33,900 in 2015.
However, the Census Bureau also released data showing that in 2017, unemployment in Australia stood at 8.6 per cent.
It is expected that the number of people without a job will increase as a result of the recent global economic downturn.
However in order to keep wages stable and jobs available, the Australian government should consider increasing the minimum wage and introducing a more generous benefit package for those earning less than $20,000 a year.
The minimum wage is set to increase to $15 an hour by 2021.
This would see a $500 increase for every year an employee has been employed.
This is not the case for people with a jobless benefit payment of $18 a week.
The Government has said that it would consider raising the minimum wages for full- and part-time workers.
However if the minimum rate is increased to $25 an hour, it will take the rate in the US $15 to $20 per hour to be equal to Australia’s rate of $25.
It’s hoped that this move will give businesses the confidence to hire workers.
In addition to increasing the wages of employees, the Government should also increase the benefits package for low and moderate-income earners.
This could be in the form of increased child benefit and increased access to child care, as well as a tax cut for those in the middle-income bracket.
However there are concerns that the proposed tax cuts for those at the very top of the income ladder would disproportionately benefit wealthy Australians.
This will not only hurt low-income workers, but also those at risk of poverty.
