Territory Stories

Budget Paper 1994-95 No.6 Northern Territory Economy



Budget Paper 1994-95 No.6 Northern Territory Economy

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Tabled Paper 2156


Tabled Papers for 6th Assembly 1990 - 1994; Tabled Papers; ParliamentNT




Tabled by Barry Coulter


Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.




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Prices and Wages Average Weekly Earnings Average Weekly Ordinary Time Earnings (AWOTE) has traditionally been higher in the Territory than nationally, and in November 1993 was recorded at $634.30 in comparison with the national figure o f S604.20. During 1993, growth o f 2.5% was recorded for the Territory compared to 2.1% nationally. Average weekly total earnings (AWE), which corresponds to AWOTE plus overtime payments, was $680.60 (up 1.5%) in the Territory and $642.50 (up 3.5%) nationally. When adjusted for inflation, real AWOTE in the Territory increased by 4.7% over the period 1991 through 1993 while nationally it grew at half this rate recording growth o f 2.1%. Growth in AWOTE is influenced by changes in award and over-award payments, compositional changes in the wage and salary earners component o f the labour force and, more recently, enterprise-based wage agreements. Figure 4.3 shows AWE in the Territory relative to those nation wide. The figure shows the relative strength o f Territory earnings with only a brief period o f parity in February 1989. The ratio o f Territory earnings over national earnings remained historically high during 1992 and early 1993. R ecen t da ta show a m odest correction reflecting relatively stronger growth in national wages. Average weekly earnings data by gender show that, for the tw elve m onths to November 1993, female earnings in the Territory increased 2.2% (to $595.50) and m ale e a rn in g s in c re a se d 0 .1% (to $730.40). Nationally, female earnings increased 3.4% (to $550.80) and male earnings increased 3.4% (to $692.80). Figure 4.3 Average Weekly Total Earnings (Northern Territory/Australia Ratio) Source: ABS Cat. No. 6302.0, 5206.0, 5242.0

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