In August 2022: Median employee earnings was $1,250 per week, an increase of $50 since August 2021 (4.2%).
In general, you should aim for the average wage or higher. In other words, a good salary in Australia is anything between $90,000 and $108,000 a year or $7,500 to $9,000 a month. The median income is $72,000 a year, which is a good reference point as to how much you should be earning.
Average Salary in Australia (2023)
The average weekly earnings for all employees in Australia is AU$1,344 (or AU$69,888 per year), according to the latest figures from the Australian Bureau of Statistics (August 2022). The average weekly earnings for full-time adult workers is AU$1,769 (seasonally adjusted).
What is the minimum wage in Australia? The Australian minimum wage is currently $21.38 per hour. In 2021, the Australian minimum wage for a standard 38 hours work week equates to $812.60 per week.
21 to 34: $1,127.60. 35 to 44: $1,503.70. 45 to 54: $1,544.20. 55 & older: $1,373.40.
It then goes on to describe those middle income Australians as individuals earning between $120,000 and $160,000 a year.
Find out what the average Teacher salary is
The average teacher salary in Australia is $85,852 per year or $44.03 per hour. Entry-level positions start at $72,142 per year, while most experienced workers make up to $125,429 per year.
The Australian said it would mean “2.5 million middle income Australians will pay thousands of dollars in additional tax,” but describes middle income Australians as individuals earning between $120,000 and $160,000 a year. If that sounds wrong, it's because it is.
Kentucky Fried Chicken (KFC) Corporation pays its employees an average of AU$17.11 an hour. Hourly pay at Kentucky Fried Chicken (KFC) Corporation ranges from an average of AU$12.36 to AU$24.24 an hour.
Based on our latest GP salary survey (December 2021), the average GP salary in Australia is $253,000 for GPs who work 7 or more sessions per week (full-time). The annual General Practitioner salary for part-time GPs, working 6 sessions or less per week, amounts to an average of $194,000 pa.
So if you're on $100k or more, congratulations, you're in the top 20% of Aussie income earners. If not, don't worry, you're in the good company of 80% of Aussies.
The widely reported ASFA Retirement standard suggests a single person can enjoy a 'comfortable lifestyle' on around $46,000 a year, so it stands to reason they should be able to live more than comfortably on $50,000.
The average registered nurse salary in Australia is $80,491 per year or $41.28 per hour. Entry-level positions start at $76,910 per year, while most experienced workers make up to $99,500 per year.
Coober Pedy, South Australia
A popular tourist stop between Adelaide and Alice Springs, this town is one of the cheapest places to live in the entire country—if not the cheapest.
How much money do you need to be considered rich? According to Schwab's 2022 Modern Wealth Survey (opens in new tab), Americans believe it takes an average net worth of $2.2 million to qualify a person as being wealthy. (Net worth is the sum of your assets minus your liabilities.)
McDonald's Corporation pays its employees an average of AU$16.43 an hour. Hourly pay at McDonald's Corporation ranges from an average of AU$11.02 to AU$25.08 an hour.
How does the salary as a Student Worker at McDonald's compare with the base salary range for this job? The average salary for a Student Worker is $20 per hour in Australia, which is 11% higher than the average McDonald's salary of $18 per hour for this job.
Keystone Private says wealthy Australians are “generally deemed to be those with net investible assets over $1 million (or net of over $2.5 million including the family home) and earning more than $250,000 per annum”. Ms Browne says building wealth does not require a $300,000 yearly income.
Analysis of household income levels in Australia in 2021 compared to Greater Capital Cities shows that there was a smaller proportion of high income households (those earning $3,000 per week or more) and a higher proportion of low income households (those earning less than $800 per week).
How much does a Dentist make in Australia? The average dentist salary in Australia is $144,628 per year or $74.17 per hour. Entry-level positions start at $114,075 per year, while most experienced workers make up to $194,665 per year.
The average lawyer salary in Australia is $117,116 per year or $60.06 per hour. Entry-level positions start at $100,000 per year, while most experienced workers make up to $151,837 per year.
Find out what the average Paramedic salary is
The average paramedic salary in Australia is $94,484 per year or $48.45 per hour. Entry-level positions start at $60,846 per year, while most experienced workers make up to $123,555 per year.