Insurance facts and figures 2007 - PwC

Inflation indicators
Wages * Prices **
Year
Average weekly earnings
Average weekly
ordinary times earnings
Consumer Price Index
$ Annual % change $ Annual % change Annual % change
1980 248.8 12.5 10.8
1981 280.1 12.6 278.5 8.7
1982 326.1 16.4 324.8 16.6 10.8
1983 365.1 12.0 346.0 6.5 11.1
1984 398.1 9.0 375.3 8.5 4.0
1985 423.1 6.3 396.9 5.8 6.6
1986 455.2 7.6 427.2 7.6 8.5
1987 479.7 5.4 450.1 5.4 9.3
1988 520.2 8.4 484.9 7.7 7.1
1989 553.8 6.5 516.6 6.5 7.6
1990 590.6 6.6 555.6 7.5 7.7
1991 610.7 3.4 578.8 4.2 3.4
1992 621.0 1.7 586.8 1.4 1.2
1993 642.5 3.5 604.2 3.0 1.9
1994 671.6 4.5 629.2 4.1 1.7
1995 702.9 4.7 659.9 4.9 4.5
1996 730.2 3.9 685.6 3.9 3.1
1997 753.2 3.1 711.3 3.7 0.3
1998 784.9 4.2 741.3 4.2 0.7
1999 805.0 2.6 763.2 3.0 1.1
2000 838.9 4.2 802.5 5.1 3.2
2001 885.4 5.5 848.7 5.8 6.0
2002 931.5 5.2 889.6 4.8 2.8
2003 987.3 6.0 938.4 5.5 2.7
2004 1027.3 4.1 976.4 4.0 2.5
2005 1078.5 5.0 1025.7 5.0 2.5
2006 1107.1 2.7 1058.6 3.2 4.0
2007 n/a n/a 3.3
Notes:
* Source: Australian Bureau of Statistics, 6302.0 Average Weekly Earnings, time series for the year ended 30 November
Based on all persons. Prior to 1983 data represents total male earnings only. Note that from October 1981 onwards the survey methodology
was changed. Estimates are not comparable with earlier periods.
** Source: Australian Bureau of Statistics, 6401.0 Consumer Price Index for the year ended 30 June. 2007 data based
on December quarter 2006.
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