Daily Mail

Jobs with highest wage rises - and why it DOESN'T pay to be bureaucrat

Daily Mail logo Daily Mail 24/02/2021 04:18:59 Stephen Johnson, Economics Reporter For Daily Mail Australia
a group of people riding on the back of a motorcycle: MailOnline logo © Provided by Daily MailMailOnline logo

Teachers have surprisingly enjoyed Australia's most generous pay rises.

Wages across all sectors last year rose by a record-low 1.4 per cent, new Australian Bureau of Statistics data showed.

But education and training jobs, covering teachers and instructors, enjoyed a much more generous 2.4 per cent pay increase, the highest of any sector.

They did even better than the electricity, water, gas and waste services sector, which had a 2 per cent increase.

a group of people sitting at a desk: Teachers have surprisingly enjoyed Australia's most generous pay rises, with their wages last year rising by 2.4 per cent. Pictured is a Melbourne primary school classroom © Provided by Daily MailTeachers have surprisingly enjoyed Australia's most generous pay rises, with their wages last year rising by 2.4 per cent. Pictured is a Melbourne primary school classroom

Public servants, traditionally the beneficiary of turbocharged government spending, last year saw their salaries increase by the average pace of 1.4 per cent.

During the December quarter, public administration category wages grew by just 0.3 per cent compared with 0.7 per cent in the private sector.


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Westpac economist Lochlan Halloway said federal government intervention to freeze public service salaries caused the weak increase in taxpayer-funded pay.

'Slower growth versus private wages can largely be attributed to wage freezes across the sector,' he said.

EY chief economist Jo Masters said weak wages were here to stay, in both the public and private sectors.

'The commonwealth government has tied its wage agreements to private sector wages growth, which has for a long time been running below public sector wages growth,' she said.

a group of police officers riding on the back of a motorcycle: Public servants, traditionally the beneficiary of turbocharged government spending, last year saw their salaries increase by the average pace of 1.4 per cent. During the December quarter, public administration wages grew by just 0.3 per cent compared with 0.7 per cent in the private sector. Pictured are Victorian police officers during February's five-day lockdown in Melbourne © Provided by Daily MailPublic servants, traditionally the beneficiary of turbocharged government spending, last year saw their salaries increase by the average pace of 1.4 per cent. During the December quarter, public administration wages grew by just 0.3 per cent compared with 0.7 per cent in the private sector. Pictured are Victorian police officers during February's five-day lockdown in Melbourne

'These public policy initiatives, reports of increased wage freezes by firms and the high level of labour market spare capacity across Australia is likely to continue weighing on wages growth for some time to come.' 

Over the year, hospitality workers, classified as accommodation and food services, saw their pay levels edge up by a minuscule 0.3 per cent, with the Covid shutdowns in March last year decimating many city cafes.

The overall 1.4 per cent annual increase in the wage price index in December marked no improvement on September's year-on-year figure, itself the weakest said the ABS series began in 1998.

While wages growth is weak, it's at least better than headline inflation, which rose by 0.9 per cent last year, which means workers still having buy power with cheap goods. 

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24. helmikuuta 2021 6:18:59 Categories: Daily Mail

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