Jul 2022

Inflation and wage rises to affect Australian accounting firm owners

By: Odyssey Outsourcing
Tags: Australian Accountant, Indirect Costs, inflation, Outsourcing, wage growth

Over the next 12 months we can expect increased pressures on pricing for domestic Australian accounting employees. At the moment, the Australian Bureau of statistics has the November 2021 Full-time adult average weekly total earnings at just under $2,000, with specific higher demand industries being above average. The Australian accounting news sources are already reporting large salaries being offered to …


Jan 2022

Accounting Firm Owners to Fight Labour Shortage and Wage Growth

By: Odyssey General, Outsourcing
Tags: labour shortage, Post-COVID, wage growth

Despite earlier pressures and projections, wage growth in Australia has remained moderate, according to the RBA (Reserve Bank of Australia). To be more explicit, wage growth in the public sector was slow. Though there were some good signs in the private sector, the growth had only improved to about its pre-pandemic level. This has a direct impact on three parties. …