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Gender salary gap narrows, but remains large

Gender salary gap narrows, but remains large

Females have closed the pay gap on males, according to new data from the Australian Bureau of Statistics.

Full-time adult average weekly ordinary-time earnings reached $1,567.90 in November 2017 – an increase of 2.3 per cent on the previous year.

That included an increase of 2.9 per cent for females and 2.0 per cent for males.

However, females earned $1,409.00 compared to $1,662.70 for males, which means women would need an 18.0 per cent raise to eliminate the pay gap.

GenderNovember 2017Annual change
Males$1,662.702.0%
Females$1,409.002.9%
Both genders$1,567.902.3%

ACT leads the way

Looking at the state-by-state breakdown, people in the ACT earn the most, while Tasmanians earn the least.

ACT residents also enjoyed the biggest raises over the year to November, while South Australians were the only group to go backwards.

The two biggest economies, New South Wales and Victoria, placed fourth and sixth for average weekly ordinary-time earnings.

RegionNovember 2017Annual change
ACT$1,801.303.1%
WA$1,740.902.2%
NT$1,642.701.1%
NSW$1,582.803.0%
Queensland$1,524.103.0%
Victoria$1,519.601.8%
SA$1,441.20-0.1%
Tasmania$1,355.600.8%
Australia$1,567.902.3%

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This article was reviewed by Personal Finance Editor Alex Ritchie before it was published as part of RateCity's Fact Check process.

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