CHANGES TO AVERAGE WEEKLY EARNINGS
FREQUENCY CHANGE OF AVERAGE WEEKLY EARNINGS
The frequency of the average weekly earnings series will change from quarterly to biannual in 2012. The May 2012 publication will be the last quarterly issue (released in August 2012), with the November 2012 publication the first produced on a biannual basis (released in February 2013). From 2013 onwards, AWE data will be produced twice a year relating to the May and November quarters. This was first advised to users in the May 2011 issue of Average Weekly Earnings (cat. no. 6302.0), providing a fifteen month notice period to ensure AWE users have sufficient notice of the change. The collection methodology will not change - data will be collected for the reference week ending the third Friday of the third week of the middle month of the quarter, and released on the same basis as before for the two remaining quarters.
RELEASE OF AVERAGE WEEKLY CASH EARNINGS SERIES
The average weekly cash earnings series inclusive of salary sacrifice has been released since the May 2011 issue of Average Weekly Earnings, Australia (cat. no. 6302.0) and is available on the ABS Website Downloads tab of this release, under the data cubes heading. An information paper titled Information Paper: Release of Average Weekly Cash Earnings Series (cat. no. 6302.0.55.003) was released on 21 July 2011 outlining the background to the series, the classifications and time periods to be released, and where to find the data on the website.
An assessment of the feasibility of releasing seasonally adjusted and trend estimates determined that seasonal factors remain present and can be calculated on a biannual basis. However, it should be noted that calculating seasonally adjusted and trend estimates using only two points of measurements each year, rather than the four points available in a quarterly survey, will likely result in a change in the level of these series.
An information paper containing further details about these change is due to be released in mid April 2012 and will be available on the ABS website.
If you would like further information about the forthcoming changes to Average Weekly Earnings statistics please contact the Manager, Survey of Average Weekly Earnings on Perth (08) 9360 5304.