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.
What is the current national minimum wage? From 1 July 2022, the national minimum wage is $21.38 per hour or $812.60 per 38 hour week (before tax). Casual employees covered by the national minimum wage also get at least a 25% casual loading.
McDonalds Australia pays its employees an average of AU$16.13 an hour. Hourly pay at McDonalds Australia ranges from an average of AU$11.08 to AU$23.67 an hour.
And it's certainly not enough to run a household, and pay for a decent standard of living. So Australia's minimum wage is certainly well below a true “living wage.” Minimum wage workers, especially those with any dependents, are likely to live in poverty.
For the youngest generation, $428,474 is needed to classify yourself as rich. That's more than six times greater than the median personal income of $52,338, according to the Australian Bureau of Statistics.
1. Surgeons: $394,303. Taking out the top spot on this list and earning a whopping average of $394,303 per year are surgeons.
There's a reason why fast-food workers are so frequently at the center of debates over a living wage. With a median hourly wage of just over $10 an hour, the country's 3.68 million food preparation and serving workers are America's lowest-paid profession.
Easy, good, paying jobs include pet care, dog walking, home sitting, technical writing, patient care, delivery driving, massage therapy, and political science jobs. Most of these jobs only need the skill set and perhaps a post-secondary qualification.
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.
Employee earnings. Median employee earnings was $1,250 per week, up $50 (4.2%) since August 2021. Median hourly earnings was $37 per hour, up $1 since August 2021.
Australian Taxation Office data shows medical practitioners are the top earners nationwide, with Surgeons averaging $394,303, Anaesthetists at $386,065, and Internal Medicine Specialists at $304,752.
It then goes on to describe those middle income Australians as individuals earning between $120,000 and $160,000 a year.
Forbes' real-time data shows that 41 Australian billionaires have made the list of the world's richest billionaires.
Lower-income class refers to households with income below 75% of the median national income. Middle-income class refers to households with income between 75% and 200% of the median national income.
Gold Coast is one of the cheapest places to live in Australia (89th globally). It is known for its high-standard education and academia and its budget-friendly living. International students will find the Gold Coast the perfect combination of study and social life, with its magnificent beaches and nightlife.
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.