When it comes to wages growth, you'd be better off holding a power drill than a dentist's drill. Picture: Nick Clayton Source: News Limited
AUSTRALIA'S tradies have struck it rich, some seeing their weekly wage shoot up almost $400 in just two years.
But IT and health workers have seen their salaries take a turn for the worst.
The Employee Earnings and Hours survey from the Australian Bureau of Statistics revealed that between 2010 and 2012, the growth of salaries for technical and trades workers was the highest nationally, with electricians and telecommunication trade workers not far behind.
Assistant Secretary of the Electrical Trades Union, Troy Gray, believes employers nationwide need to offer the big bucks to attract electrical workers.
"There is strong demand for skilled electrical workers in large projects. To compete for the workforce, they need to be offering at least $45 an hour," he said.
The wealth is being shared equally amongst our tradies. Industry sources suggest a skills shortage is responsible for the increase.
Plumbers are now able to demand $51.30 for overtime worked, up from $43.60 in 2010.
"The number of plumbing apprenticeships taken up since 2010 has been reducing, which creates a skills shortage in the industry," said General Manager of the National Plumbing Associations Alliance, Paul Naylor.
And the ageing population of plumbers need the increasing salaries to help with plans for retirement.
"They need to grow their business so they can sell it or still have an income," Mr Naylor said.
Bricklayers, carpenters and joiners have seen their overtime pay increase by 22 per cent to $50 an hour.
At the other end of the spectrum, Aussies working in air and marine transport have seen the biggest drop in salary, with earnings declining almost $6000 annually.
The bank accounts of IT professionals have also been hit, with annual salaries for network and support staff dropping $4500.
And the medical professional has also seen a downturn in salaries, with the annual income of health therapists dropping more than $4,000 and even our highly paid GPs seeing an annual loss of $156.
President of the Australian Medical Association, Dr Steve Hambelton, believes longer consultations are responsible for the drop, which will continue as our population ages.
"Our research shows consultations are lengthening as they become more complex, which perhaps is an explanation," he said.
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