Average Wages in Australia. May 2019

Average Adult Full Time Wages in Australia in May 2019.

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

Average Male Australian Income by State

Australian Full Time Male Average Income, by State.

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

Average Female Australian Income by State

Australian Full Time Female Average Income, by State.

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

Australian Minimum Wage Rise July 2019

Increase in Australian Minimum Wage, July 2019.

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

Average Australian Income by State. November 2018

Australian Average Annual, Full Time, Adult, Total cash earnings at November 2018.

These figures, from the Australian Bureau of Statistics, are the State based averages for Full Time Adult workers, and do not include Superannuation, and other benefits etc.

New South Wales Average Annual Total Earnings.

  • $95,971.20 Male
  • $80,709.20 Female
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Average Wages in Australia. November 2018

Average Adult Full Time Wages in Australia in November 2018.

The Australian Bureau of Statistics’ Average Weekly Earnings survey shows the Full-time adult average total earnings in November 2018 at $1,666.20 per week. This is $86,642.40 per year.

This ABS November 2018 report shows the Average Full Time Wages for … Read the rest

Medicare Levy Threshold for Tax Purpose 2017-18

Australian Medicare Levy Threshold.

The Australian Medicare system is partly funded by taxpayers who pay a percentage of their taxable income as a Medicare levy.

The lower paid are exempt from this levy, and some higher paid are required to pay a higher percentage than others.

2017-2018 Medicare Threshold.

Taxable … Read the rest

Median Wages in Australia, August 2017

Median Wages in Australia, August 2017.

The figure for Median wages differs from the often produced Average figure, and is commonly about 20% lower then the average.
The Median Figure is the figure where half of the people are above and half are below.

Full-time Median Wages in Australia, August

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Low and Middle Income Tax Offset

Australian Low and Middle Income Tax Offset (LMITO).

The Australian 2018 budget introduced the Low and Middle Income Tax Offset (LMITO) for the tax years 2018-19 through to 2021-22, to assist Low and Middle Income earners with a slightly lower income tax deduction.  This is in addition to the Low Read the rest