The 20 most common jobs in Australia have been revealed, with four industries dominating the workforce. Information from the 2021 census, released by the Australian Bureau of Statistics (ABS) today, found that health care, retail, construction and education employed the most people across Australia.
A taxable income that was $131,501 or higher was within the top 10% of earners in Australia last year. About 5% of taxpayers had incomes above $180,000. Someone who earned more than $253,066 was in the top 1%.
THE toughest jobs across Australia have been ranked in the Mercury Tough Report. Having a role in the emergency services was ranked as the toughest job as voted by the general public, closely followed by soldiers, health workers, social workers and educators.
At the top of the list of most stressful jobs are sales support workers, with almost halt (or 48 per cent) reporting stress in the 12 months to June 2014. Hospitality workers in non-managerial positions came in second, with 38 per cent experiencing stress.
Australians wanting to be in the country's top 1% for wealth need to have an individual net worth of US$5.5 million ($8.3 million), Knight Frank's 2023 Wealth Report has found.
$100,000/year is above an average salary and if you're frugal enough, on $100,000/year, you should be able to live a good life and save some money too. Usually if you consider living in desirable locations of cities like Melbourne and Sydney, most of your income will be consumed in the house rents.
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.
To be among Australia's wealthiest 1% requires $US5. 5 million ($8.3 million) of net wealth… We're ranked third globally only behind Monaco ($US12. 4 million) and Switzerland ($US6.
The Australian middle class has a median household income of AUD$80,000. This statistic is a key indicator of the financial health of the Australian middle class.
The average Australian would need to earn a salary of $326,900 per year to feel rich – nearly seven times the median wage, according to research released earlier this year. But one in four Aussies wouldn't consider themselves rich until they raked in a whopping $500,000.
If you make $300,000 a year living in Australia, you will be taxed $111,667. That means that your net pay will be $188,333 per year, or $15,694 per month.
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.
With a net worth of an excruciating $43 billion, Rinehart is not only the richest woman in Australia - by a large margin - she is also the eighth-richest woman in the world and among the wealthiest humans alive.
