Monthly Employee Earnings Indicator

Latest release

Experimental estimates of employee earnings, sourced from Single Touch Payroll (STP) data

Reference period
December 2024
Released
19/02/2025
  • Next Release 21/05/2025
    Monthly Employee Earnings Indicator, March 2025
  • Next Release 20/08/2025
    Monthly Employee Earnings Indicator, June 2025
  • Next Release 19/11/2025
    Monthly Employee Earnings Indicator, September 2025
  • View all releases

Key statistics

In December 2024, total wages and salaries paid by employers:

  • decreased to $101,955 million
  • decreased by 0.7% or $687 million in the month from November 2024
  • increased by 5.7% or $5,539 million in the year from December 2023

As a measure of aggregate earnings, estimates presented in this release include compositional changes in the labour market, which are described in more detail in Factors affecting interpretation

State and territory by industry division estimates

Data download tables now include estimates of total wages and salaries paid by employers by state and territory by industry division.

National

Total wages and salaries paid by employers, month key statistics
Jul-24Aug-24Sep-24Oct-24Nov-24Dec-24
Month change (%)0.41.63.8-3.12.4-0.7
Annual change (%)6.35.86.05.95.65.7
Total wages and salaries ($m)97,96999,582103,369100,215102,642101,955

Estimates are presented as an original series with calendar-adjustment, to account for the differing number of days in each month, as seasonally adjusted estimates are not yet available.

Estimates of change throughout this release are calculated using un-rounded $ million values. They may differ from, though are more accurate than change calculated from rounded values.

a. The leap year day in 2024 alters the seasonal change usually seen in February and March. For more information see the leap year effect section within Factors affecting interpretation.

a. The leap year day in 2024 alters the seasonal change usually seen in February and March. For more information see the leap year effect section within Factors affecting interpretation.

Quarter change

State and territory

In December 2024, total wages and salaries paid by employers decreased in 7 of 8 states and territories from November 2024.

  • Victoria saw the largest level decrease of $259m (-1.0%)
  • Northern Territory saw the largest proportional decrease of 2.0% (-$21m)
  • Tasmania saw the only increase of 2.0% or +$35m 

Month change, November

Month change, October

Month change, Jul-24 to Dec-24

Annual change, Jul-24 to Dec-24

Total wages and salaries ($m), Jul-24 to Dec-24

Industry

In December 2024, total wages and salaries paid by employers decreased in 12 of 19 industries from November 2024.

  • Administrative and support services saw the largest decrease of 6.5% or -$398m
  • Retail trade saw the largest increase of 2.1% or +$128m

a. Industries are ranked by ascending month change in December 2024.

Month change, November

Month Change, October

Month change, Jul-24 to Dec-24

Annual change, Jul-24 to Dec-24

Total wages and salaries ($m), Jul-24 to Dec-24

Employment size

In December 2024, total wages and salaries paid by employers decreased in all employment size groups from November 2024. 

  • Businesses with 20-199 employees saw the largest decrease of 1.5% or -$395m

Month change, November

Month change, October

Month change, Jul-24 to Dec-24

Annual change, Jul-24 to Dec-24

Total wages and salaries ($m), Jul-24 to Dec-24

Sector

In December 2024, total wages and salaries paid by employers rose in the Public sector and fell in the Private sector from November 2024.

Month change, November

Month change, October

Month change, Jul-24 to Dec-24

Annual change, Jul-24 to Dec-24

Total wages and salaries ($m), Jul-24 to Dec-24

Data downloads

Table 1. Total wages and salaries paid by employers, percentage change

From this release, includes estimates of total wages and salaries paid by employers by state and territory by industry division.

Table 2. Total wages and salaries paid by employers, level

From this release, includes estimates of total wages and salaries paid by employers by state and territory by industry division.

All data cubes

Methodology

Scope

This release presents experimental estimates of wages and salaries paid by active employing businesses and organisations to their employees in the Australian economy.

Geography

Data is available for:

  • Australia total
  • States and territories

Source

Australian Tax Office (ATO) Single Touch Payroll (STP) administrative data combined with ABS Business Register data.

Collection method

The ATO provides selected employer and employee level data from the STP system to the ABS. These data are combined with employer population and characteristics data from quarterly ABS Business Register snapshots.

Concepts, sources and methods

Wages and salaries are gross values (prior to taxation and deductions) and include wages, salary payments and allowances paid through Australian payrolls.

Employee superannuation and severance and termination payments are excluded.

History of changes

Refined imputation method included in 21 May 2024 release.

View full methodology
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