[important]This has now been SUSPENDED following changes to the Minerals Resource Rent Tax Repeal and Other Measures Bills in September 2014
The Government will revisit incentives in superannuation for low income earners once the Budget is back in a strong surplus. [/important]
www.smh.com.au May 2014
Prime Minister Tony Abbott has declared that people on unemployment benefits have “no right” to hold out for their dream job and should take any position they are reasonably able to do.
“If there … Read the rest
A resident taxpayer in Australia who earns $18,200 or under, in the year, will pay NO tax on that income.
If the annual income is $37,000 then the tax payable is $3,572. This is 9.65%.
At an income of $80,000 the tax will be $17,547. This … Read the rest
Adult Males – Full Time – Total earnings
Australian Capital Territory ;
May-2012 $1,733.70 or annualised: $90,152
Nov-2012 $1,768.50 or annualised: $91,962
May-2013 $1,855.70 or annualised: $96,496
Nov-2013 $1,764.40 or annualised: $91,749
Northern Territory ;
May-2012 $1,655.20 or annualised: $86,070
Nov-2012 $1,659.80 or annualised: … Read the rest
The following figures show the changes in Australian Government Wages and Salaries, before super and allowances, between the years 2009 and 2013.
2013 Australian Government Salaries
A selection of posts relating to:
Figures issued by the Australian Bureau of Statistics, show the following Average Annual Earnings for Males over 15 year of age, for Full Time Adult Total Earnings, including overtime and penalty rates.
This chart shows the average for May 2003 and again for May … Read the rest
The following chart from Trading Economics shows how Australian wages have risen by 58% over ten years.
That’s higher than House prices in Sydney rose for the same period, from the figures shown at this page.
This was a very surprising result, as most people have thought … Read the rest
Australian Unemployment Rates by State from January 2012.
The overall change from January 2012 to July 2013 has been:
The increase is the percentage change from the January 2012 rate to the … Read the rest
In May 2012 the Median weekly total cash earnings for all full-time adult employees was $1,261.00. ($65,572 pa)
Estimations for Median Male and Female weekly total cash earnings for all full-time adult employees are:
Male: $1,350 per week ($70,214 pa)
Female: $1,125 per week ($58,511 … Read the rest
