That's an increase of just over 8 percent on the May 2012 figures which showed that the average weekly total cash earnings for all full-time employees figure was $1,452.00.
It makes the older stuff pretty hard to read, but the data is just about legible, and if my eyesight is operating properly then average full-time weekly total earnings in May 1996 were $723.90.
That's compound interest at work - a snowballing effect or growth upon growth.
This suggests that despite the presently soft economic environment, average earnings decades into the future are likely to much higher than we intuitively think.
That's because we consistently program our brains to understand the world in today's dollars.
It's standard real estate agent patter, of course, even for those who have only been in the industry for a short period of time...not even long enough to experience one cycle, let alone to experience and understand several.
If your plan is to buy counter-cyclically then some times - and some locations - are better to buy than others.
If your plan is to accumulate property in the best location you can then you might opt to continue buying at any point in the cycle, on the assumption that over the long term the price of prime location property will move higher.
You only have to look at some of the disastrous recommendations for homebuyers to not buy in Sydney in recent years to understand that timing the market is rarely as easy to do in real time as it appears to be in retrospect.
As the old saying goes, "the charts are easy to read from right to left".
Actually there is no such saying, but...well, there should be.
While the Great Depression and a huge crash in share prices forced investors to change a few viewpoints, there are still plenty who believe in the notion that it is always a good time to invest given that valuations are likely to be higher again at some point in the future.
It has become increasingly common for individual investors to consider that they do not need a stockbroker, fund manager or indeed any financial advice, and that they will beat the market through skilful share trading and price speculation.
Some very organised traders with great money- and risk-management skills and a relentless desire to learn from mistakes do manage to do so,
In aggregate, though, most average investors achieve at best average results, and at worst do very badly.
Again it comes down to investment strategy.
There is certainly a place for value investing in individual companies - and even for trading - but Year 7 mathematics should tell you to be very wary about the notion of an "instant 4 share diversified portfolio" if those four stocks are individual companies.
There is not necessarily anything wrong with choosing your own companies to invest in providing that you understand how to analyse financial statements, forecasts, stock exchange releases and undertake meaningful ratio analysis.
Most investors don't - and note that picking the company to invest in first then doing a few token calculations after you've bought it doesn't count.
If even Buffett can pick stocks such as Tesco (TSCO) which lose half of their value, then this should tell you that allocating too much of a portfolio to an individual company is likely to introduce significant portfolio risk.
At the end of each calendar year, take a look back at the stock picking tips from 12 months ago and you will find that the results are often extraordinarily mixed.
Despite this there is a sound argument to say that it can always be a good time to buy shares with the right strategy.
An example, we have a couple of index funds into which the same amount is contributed every month come rain or shine, one of them for nearly two decades.
It doesn't much matter what happens the index from month to month with such a basic strategy - if valuations fall, your contribution buys more units next month, and vice-versa.
It's known as "averaging" or "dollar cost averaging".
If an individual business falls upon hard times it will eventually slide out of the index upon rebalancing to be replaced by another company.
Naturally folk with products to sell frequently dismiss the idea of averaging as "dumb money" or a "dumb strategy", but when the dumb money acknowledges its limitations, as the sage of Omaha himself said, paradoxically it ceases to be dumb.
What of deflation - such as was experienced in Japan - which led to a long, painful and drawn-out decline in share market valuations and real estate prices?
It does seem that in the decade ahead many developed economies face a greater threat from deflation than they do from the runaway inflation seen in certain decades past.
The recent fall in oil prices has only added to this dynamic.
There is no such thing as a certain outcome, but recent events in the United States, United Kingdom and now the Eurozone suggest that governments and central banks will take extraordinary action to avoid befalling a similar fate, resorting to interest rates set at the zero bound and quantitative easing in order to stave off deflation.
On a related note it is a huge 48 hours ahead for Australian markets, with the Q4 inflation data to be released tomorrow.
I had a look here previously at the relatively soft reading for Q3 and how this might leave the door open for an interest rate cut.
A stream of soft data since that time has suggested that more interest rate cuts are in the pipeline.
This morning's news feed shows that iron ore prices are down by more by than 4 percent or $2.60 to just US$63.30/dry tonne.
And with the oil price falling in recent times there has been a generally shift in inflation profiles globally.
Over in Britain the two dissenting voices on the Monetary Policy Committee have dropped their call for interest rate hikes.
Japan has expanded its lending programs. Canada unexpectedly cut its interest rates, while Turkey, Denmark and Peru have all eased policy in the last week or so.
The Reserve Bank in Australia has indicated a preference for rate stability, but markets are increasingly coming around to the view that the cash rate is likely to be heading to just 2 percent this year.
This might not sit comfortably with the bank's preference for forward guidance, but March is a long way off and the need for a rate cut or two to boost confidence may be deemed more pressing.
A much anticipated inflation (CPI) release lies ahead! Those wanting to see higher share market valuations and property prices should be hoping for another soft reading.