Employers in Australia are legally allowed to pay workers under 16 years old $7.87 per hour. This equates to 36.8 per cent of the Australian minimum wage for legal adults.
If you are not under an award as a junior employee, the percentages of the national minimum wages are as follows: under 16 years of age: 36.8% of national minimum wage = lowest hourly rate of $7.30. 16 years of age: 47.3% of national minimum wage = minimum hourly rate of $9.38.
In the Netherlands employers must pay their employees aged 21 and up at least the statutory minimum wage and the statutory minimum holiday allowance. For employees aged 15 to 20, the youth minimum wage (in Dutch) applies. For employees 13 and 14 years there is no minimum wage.
The Australian Government's Fair Work Commission has announced an increase in the national minimum wage. Following the Fair Work Commission (FWC) Annual Wage Review 2022-23, the Australian national minimum wage has now increased to $23.23 per hour.
What Is the Minimum Wage in Australia? Australia's minimum wage for an adult is currently $21.38 per hour (before tax), or $812.60 for a 38-hour week. An adult is defined as being over the age of 21.
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.
According to Expatistan, this means Australia is one of the most expensive places to live (ranked 10 out of 71). Generally, a higher cost of living means that basic expenses have become – well, expensive.
On average, salaries in Australia can range from 1,917 AUD (USD 1,274) per month all the way up to 33,750 AUD (USD 22,433) per month. Note: These figures are average estimates.
More Coverage. The eye-watering wealth on display in the report is a stark difference to most Australians' perception of what it takes to be considered rich. The Finder survey which asked 1000 people what it took to be rich and found that earning $336,516 per year was the magic number.
If you make $13 an hour, your yearly salary would be $27,040.
On average, a 13-year-old will earn around £4.66 per hour. The earning per hour, however, may vary depending on the type of job and the area they are working in.
Children aged between the ages of 13 and 16 are allowed to work outside school hours and in the holidays, but only under certain conditions. From the age of 16, young people are free to do any kind of work. Young people from 15 to 20 receive the minimum youth wage.
The average annual salary in Australia is $68,900 and $35.30 per hour. It is just the average salary for basic workers but skilled and experienced workers also earn around $108,980 annually. The average salary also varies depending on the field of work and the job role of workers.
A family of four estimated monthly costs are 3,877.4$ (5,831.5A$) without rent. A single person estimated monthly costs are 1,099.1$ (1,653.0A$) without rent. Cost of living in Australia is, on average, 0.7% higher than in United States.
For example in June 2020 a 15-year-old retail level 1 employee would earn $12.04 per hour, while a 21-year-old in the same position would earn $26.76. You can calculate your award rate using the Fair Work Ombudsman's Pay Calculator.
Average rent around the country
A 2023 CoreLogic rental report lists the median weekly rent as $570 across all dwellings, or $594 in capital cities. Continuing on a national scale but looking at dwelling types, we can see that median weekly rent is currently: Nationally: $582 for a house.
What is the current national minimum wage? The national minimum wage is $23.23 per hour or $882.80 per 38 hour week (before tax). Casual employees covered by the national minimum wage also get at least a 25% casual loading.
Thankfully, Australia ranked just outside the top 10 most expensive countries to live at 13th on the list, with an index of 75.3.
Analysts say open borders and increased migration have driven demand for real estate – and increases in rental prices. What matters for rents, as for any price, is the demand for and the supply of the product being priced. More demand (more renters wanting properties) and the price climbs.
The Australian public accesses care within the public health system for free or at a lower cost through Medicare (funded by tax). The private system includes health service providers that are owned and managed privately, such as private hospitals, specialist medical and allied health, and pharmacies.
In Australia, a Living Wage is $27 per hour.
We believe every worker deserves at least $27 per hour before any penalty rates or casual loading. Every worker deserves a Living Wage.
The minimum Wage in Australia
Australia's hourly minimum wage is AUD 21.38, so students can earn up to $855.20 per fortnight during the school term and more during school breaks. However, this rate may change based on the sector and the nature of the work.
Luxembourg. Luxembourg offers the highest minimum wage of any country worldwide at US$3,169 (EUR 2,936) per month for skilled talent over the age of 18. Unskilled talent, or talent under the age of 18, receives a lower monthly minimum wage: Unskilled workers 18 years of age and older: US$2,641 (EUR 2,447)