What is an average salary in Australia?

What is an average salary in Australia?

The average salary in Australia is now just over $60,000, new data from the Australian Tax Office has revealed. Data from the 2018-2019 financial year shows that the average salary for Australians who submitted tax returns was $63,085, up by $1634 from the year prior.

How much do Australia pay per hour?

The National Minimum Wage applies to employees not covered by an award or registered agreement. This is the minimum pay rate provided by the Fair Work Act 2009 and is reviewed each year. As of 1 July 2021 the National Minimum Wage is $20.33 per hour or $772.60 per week.

What is the minimum salary in Australia?

$20.33 per hour
What is the minimum wage in Australia? The Australian minimum wage is currently $20.33 per hour. In 2021, the Australian minimum wage for a standard 38 hours work week equates to $772.60 per week.

How much is it to rent in Australia?

The Cost of Renting: Average Rent In Australia 2021-2022….Average Rent in Australia 2021-2022.

Average weekly rent House Average weekly rent Unit
Sydney, NSW $600 $490
Canberra, ACT $675 $530
Melbourne, Victoria $445 $375
Brisbane, QLD $480 $420

What does top 5% earn?

The study is about wages, not income as a whole⁠—it does not include investment income, for example, which is not part of Social Security data….Annual Wages of Top Earners.

2020 Average Annual Wages
Group Avg. Wages
Top 5% of Earners $342,987
Top 10% of Earners $173,136

What is the top 1 salary in Australia?

How Much Does The Top 1% Make In Australia? In Australia, according to the tax authority, the top 1% of earners earn an average of $438,100, with $237,300 going to those who earn more than $227,300.