A worker in Australia earning $65,000 a year is currently regarded as “typical.”
The median or middle weekly pay has increased by 4.2%, or $50, in the year to August, according to new statistics from the Australian Bureau of Statistics.
This figure includes both full-time and part-time employees, as well as the 5.2% minimum wage rise for retail workers that took effect on July 1.
Thus, those who make more than $65,000 per year are among the highest-paid half of Australian workers.
Currently, an Australian earning $65,000 per year is considered the average worker. The median or middle weekly pay is now $1,250, following a 4.2% or $50 increase in the year to August, according to fresh statistics from the Australian Bureau of Statistics (shown is Brisbane’s Queen Street Mall).
median wage in your state or province
$78,936 per year or $1,518 per week in Australian Capital Territory.
$72,800 per year or $1,400 per week in Northern Territory.
WESTERN AUSTRALIA: $68.380 per annum or $1,315 per week
$65,000 a year, or $1,250 per week, in NEW SOUTH WALES.
$65,000 per year or $1,250 each week.
$62,968.80 per year or $1,210.90 per week in QUEENSLAND
$58,515.60 per annum or $1,125.30 per week in SOUTH AUSTRALIA
$55,926 per year or $1,075.50 per week in TASMANIE
The median wage in Australia lies between the minimum, full-time income of $42,255 and the mean, full-time compensation of $92,030.
The Australian Capital Territory, where public officials in Canberra reside, earned the highest median salary of $78,936, based on the average weekly compensation of $1,518.
Based on a median weekly wage of $1,400, the next highest annual income was $72,800 in the Northern Territory. Based on a weekly wage of $1,315, this statistic places it ahead of mining-rich Western Australia, whose annual income is $68,380, or $1,315 per week.
The median wage in New South Wales and Victoria was comparable to that of Australia as a whole.
However, Queensland, South Australia, and Tasmania had the lowest wage levels.
Queenslanders earned an average of $62,968.80 a year, or $1,210.90 per week.
The median annual income of South Australians was $58,515.60, with a weekly wage of $1,125.30.
Tasmanians had the lowest median income at $55,926, or $1,075.50 per week.
In November, Australia’s unemployment rate remained at a 48-year low of 3.4% due to the creation of 64,000 jobs, 34,200 of which were full-time and 29,800 of which were part-time.
The participation rate is at a historic high of 66.8 percent, according to Diana Mousina, a senior economist at AMP Capital. She stated that anyone seeking employment has a decent chance of obtaining one.
She stated, “The labor market is at absolute full employment.”
There are about one job opening for every unemployed person.
The Australian Capital Territory, where public officials in Canberra reside, earned the highest median salary of $78,936, based on an average weekly wage of $1,518. (pictured are protesters outside Parliament House)
Australia’s population reached 25,978,935 at the end of June, an increase of 1.1% or 290,900 over the previous year.
During the 2019-20 fiscal year, which included the initial months of the Covid crisis, the net annual rate of international immigration crept close to its pre-pandemic level of 194,000.
Queensland had the most two percent population growth, with 104,400 people coming there primarily from other states.
The largest contributor to population growth in New South Wales, Victoria, South Australia, and Tasmania was net international migration.
The birth rate was the primary factor in population increase in Western Australia, but interstate migration was the primary element in population growth in Queensland, the Northern Territory, and the Australian Capital Territory.
Darwin was the only capital city where males outnumbered females when it came to gender parity.
It was also the youngest capital, with a median age of 34.5 years, compared to 37.1 years for capital cities as a whole and 41.8 years for the nation as a whole.
»ABS figures say you must earn this much to be deemed a ‘typical’ Australian«