The ATO shows there were 11,231,834 salary and wage earners in the 2017-18 tax year.
Their total salaries and wages came to an average of $61,451, with 50% earning over $51,126 in the year.
The Median income was 83.20% of the average income … Read the rest
The Australian Backpacker Tax has been clarified as valid.
In October 2019 the Federal Court ruled that a tax on working holiday visa holders was invalid, and an estimated 75,000 backpackers were told they might receive refunds from the Australian tax office (AT) for overpaid tax.
However, the ATO appealed … Read the rest
Australia has had a national Minimum wage since 1906.
The Australian government has announced a 1.7% increase in the minimum wage from July 2020.
The Australian minimum hourly rate will increase to $19.84 per hour, to begin between July 2020 and February 2021.
This works out at a new minimum wage of $753.80 for a standard week, or $39,197 … Read the rest
The median income is the amount where half the people earn more than that figure, and half earn less.
The ABS has released its figures for the Median Earnings in August 2019, and these show that Males in Full Time employment now have a median … Read the rest
The Australian Bureau of Statistics, Average Weekly Earnings survey, shows the Full-time adult average total earnings in May 2019 at $1,697.10 per week.
This is $88,249.20 per year, an increase of 2.69% in the last 12 months.
This ABS May … Read the rest
The average Annual Incomes for all Australian Male Full Time workers based on Total Income, from the ABS May 2019 report, shows annual increases ranging from 1.17% (2016) to a high of 6.06% (2010).
The last two years have risen by an average of 2.49% per year.… Read the rest
The following tables show the average incomes for each Australian State and Territory, taken from the half yearly figures produced by the Australian Bureau of Statistics, table 6302.0 – Average Weekly Earnings.
These figures are Average Cash Earnings, the amount AFTER any … Read the rest
The following tables show the average incomes for each Australian State and Territory, taken from the half yearly figures produced by the Australian Bureau of Statistics, table 6302.0 – Average Weekly Earnings.
These figures are Average Cash Earnings, the amount AFTER any … Read the rest
The Australian Fair Work Commission has granted 2.2 million low paid workers a $21.60 a week pay rise.
The three per cent pay rise was announced on Thursday 30th May 2019 and takes the national minimum weekly wage to $740.80 or $19.49 per … Read the rest
