Average salary in Australia

Australia is a country with one of the most developed economies in the world, with continuous growth for over 26 years. This contributes to a high level of earnings and social protection not only for Australians, but also for foreign citizens living and working in the country.

Economic situation and incomes of the population today

In a country with a high natural resource potential, which is 20 times higher than the global indicator, the main industry is mining and agriculture.

Australia's average GDP over the past 3 years was 2,4%... The inflation rate for 2019 did not exceed 2,1%.

In the world ranking, the average salary in Australia before taxes is in 2nd place, after - at 10. The official working week is 37 hours.

The national currency in the country is the Australian dollar (AUD).

Salary per month by occupation in 2021

There is no huge difference in income between different segments of the population thanks to the state-controlled minimum hourly wages and a progressive tax system.

The average monthly salary in Australia is

Factors affecting the level of wages are:

• Kind of activity;
• region of residence;
• age;
• qualification;
• the number of hours worked.

Minimum

The minimum wage (minimum wage) in Australia is regulated by the Fair Work Commission and as of 1 July 2018 is 719.2 AUD (about $ 542) in Week. For young professionals, interns and students, salaries are calculated according to certain scales.

The size of the minimum wage depending on the age of the specialist

Minimum wage for working students

Average

The average salary in the country in 2021 was about 5074 AUD... Moreover, women on average monthly receive 4721 AUD, men - 6548 AUD.

In the public sector, this indicator is 5563 AUD, in agricultural - 4436 AUD.

Average starting salary

Specialists in workplaces requiring high qualifications and work experience are initially paid by the employer with a reduced starting rate. This applies to both the local population and foreign workers. The size of the starting payment cannot be less than the minimum wage. The time and conditions for its increase are necessarily specified in the employment contract.

Maximum

The largest salaries are received by specialists in the exploration, oil, gas and mining industries, mechanical engineering and the provision of business services. Also, the list of highly paid professions in 2021 included anesthesiologists, oncologists, radiologists and lawyers. The monthly income of these specialists is more than 10,000 AUD.

Labor remuneration by region

The government is making tremendous efforts to improve the standard of living in the country. The results of the work are noticeably reflected in the volume of salaries of employees. Even for blue-collar jobs, the pay level is quite impressive. In addition, there is not a large pay gap for different occupations.

Average monthly income by region after taxes

Payroll taxes

In Australia, the taxation system assumes a certain ratio of the salary and the amount of tax revenues. That is, the higher the wages, the greater the retention. When applying for a job, an employee is assigned an individual tax number, which is required to complete the TFN declaration.

Income tax

The interest rate of the tax depends on the salary and is calculated on a progressive scale:

With incomes less than 18,200 dollars Income tax is not charged per year.

For foreign specialists, income tax is calculated according to the following scale:

Other taxes

In addition to income tax in Australia, a medical fee of 2%. Benefits and miscellaneous ancillary payments are also considered income and are taxable.

Living expenses

You will need to pay for renting a one-room apartment from 900 to 2300 dollars... Utilities for this living space will cost more at 150 dollars... Mobile communications and the Internet cost about 100 dollars monthly.

Meat can be bought from $ 6 per kg, vegetables - from 3. Lunch in a cafe will cost about $ 15, and in a restaurant from $ 30. 140 AUD, you need to pay for car insurance 700 AUD in year. Kindergarten will require payment 1400 dollars monthly.

Unemployment Rate and Prospects for Migrants

According to the Australian Bureau of Statistics, the unemployment rate in 2021 is 5,5%. Compared to 2017, it increased by 0,1%... At the same time, the government is interested in attracting highly qualified specialists from abroad. As a result, the country has created several effective programs for emigration, providing a constant influx of specialists with demanded professions.

While the costs of living in Australia are quite high, they are well offset by good wages and quality of life. In addition to good salaries and pensions, the influx of emigrants to Australia is also ensured by a convenient work schedule. The employer can increase the working hours, but with a mandatory increase in pay. All of these factors make Australia one of the most popular countries for emigration, including among Russian people.