544Indexation of certain amounts—according to average weekly earnings

544 Indexation of certain amounts—according to average weekly earnings An amount specified in column 2 of the Table to this section must be varied, in respect of the financial year beginning on 1 July 2014 and each subsequent financial year, in accordance with the formula— **A** is the amount specified in column 2 of that item or, if that amount has been varied in accordance with this section, that amount as last so varied; **B** is the average weekly total earnings of all employees in Victoria in original terms for the most recent reference period in the preceding calendar year published by the Australian Bureau of Statistics as at 15 June immediately preceding the date on which the variation is made; **C** is the average weekly total earnings of all employees in Victoria in original terms for the corresponding reference period in the calendar year preceding the calendar year referred to in B published by the Australian Bureau of Statistics as at 15 June immediately preceding the date on which the variation is made. | *Column 1*<br>*Item* | *Column 2*<br>*Amount* | | 1 | Section 164(1)(c)—$177 | | 2 | Section 165(4)(a)—$177 | | 3 | Section 166(1)(d)—$177 | | 4 | Section 366(2)—$886 330 | | 5 | Schedule 2, item 11(b)—$1210 | | 6 | Schedule 7, clause 3(1)—$55 330 | | 7 | Schedule 7, clause 3(2)—$55 330 |