MINIMUM AND AVERAGE SALARY IN AUSTRALIA

Australia is a country in the Southern Hemisphere, located on the continent of the same name, as well as occupying the island of Tasmania and several other islands in the Indian and Pacific Oceans. The state with strong economy, rich natural resources, comfortable climate and a lot of places for active recreation.

The population of Australia is 26.2 million people. Slightly more than a quarter of the locals were born outside the country. The most numerous ethnic groups are British, New Zealanders, Chinese, Indians and Filipinos. Unemployment in the country is around 3–4%. Let's find out what salaries in Australia in 2023.

Salary in Australia

Minimum salary in Australia

Each year, a panel of experts from the Fair Work Commission of Australia (FWC) reviews the minimum wage received by employees in the national labor system. As a result, a minimum wage regulation is adopted, which takes effect on July 1 of this year.

According to the local government's official figures, the pre-tax national minimum wage in Australia in 2023 (effective July 1, 2022) is A$21.38 per hour or A$812.60 per week (38 hours), equivalent to $14 and $540, respectively.

Important. In manufacturing, construction and a number of other sectors of the Australian economy, the new minimum wage rate did not take effect until November 1, and in accommodation and food services, arts and recreation, aviation, retail and tourism from February 1.

Minimum wage in Australia for young professionals

Age Hourly rate (A$) Percentage (%)
Less than 16 years old 7.87 36.8
16 10.11 47.3
17 12.36 57.8
18 14.60 68.3
19 17.63 82.5
20 20.89 97.87

Minimum salary in Australia for local university students

Year of study Hourly rate (A$) Percentage (%)
First 11.76 55
Second 13.90 65
Third 17.10 80
Fourth 20.31 95

Compared to last year, Australia's minimum wage has increased by 5%, from A$20.33, to A$21.38.

Average salary in Australia

According to the Australian Bureau of Statistics, the pre-tax average wage in Australia in 2023 is A$1,807.70 per week, equivalent to $1,200. This is the weekly earnings of full-time employed adults. Compared to last year, Australians are up 3.4 percent. The average weekly total earnings for all workers is A$1,378.60 ($915).

Note. The average wage in Australia in 2023 is A$7,835 per month ($5,200).

Men in Australia earn on average A$1,906.20 per week, and women A$1,650.80. In the public sector, Australians earn about A$1,965 and in the private sector A$1,768. The average weekly earnings of full-time adult men is A$2,091.20 in the public sector and A$1,874.40 in the private sector. The average weekly earnings of full-time adult women in the public sector is A$1,857.50 and A$1,573 in the private sector.

AVERAGE SALARY IN AUSTRALIA BY SECTOR OF ECONOMY

Sector of Economy Australian Dollars per week Dollars per week
Mining and quarrying 2,811.70 1,865
Information technology, media, and telecommunications 2,270.70 1,505
Financial and insurance services 2,201.50 1,460
Professional, scientific and technical services 2,140.40 1,420
Electricity, gas, water and waste management 2,098.20 1,390
Public administration and security 1,947 1,290
Education and training 1,905.40 1,265
Construction 1,786 1,185
Transportation, postal and warehousing 1,771.90 1,175
Health care and social assistance 1,763.60 1,170
Leasing, rental and real estate services 1,685.60 1,120
Wholesale trade 1,678.30 1,115
Arts and recreation services 1,647.20 1,095
Manufacturing 1,582.60 1,050
Administrative and support services 1,568.70 1,040
Retail trade 1,353.80 900
Accommodation and catering 1,293.80 860
Other services 1,333.20 885

Workers in the mining industry in Australia have the highest average income at A$2,811.70. The industry with the lowest earnings is accommodation and food services, where they earn about A$1,293.80. The Australian metropolitan area earns an average of A$2,019.10, while the state of Tasmania earns only A$1,586.40.

AUSTRALIAN WAGES BY REGION

Region Australian dollars per week Dollars per week
Australian Capital Territory 2,019.10 1,340
Western Australia 1,988.50 1,320
New South Wales 1,810.20 1,305
Victoria 1,793.90 1,190
Queensland 1,760.70 1,170
Northern Territory 1,744.10 1,155
South Australia 1,658 1,100
Tasmania 1,586.40 1,055

Note. Information on average wages in Australia by sector of economy and region is based on official data from the Australian Bureau of Statistics.

In conclusion, Australia's income tax rate on wages ranges from 0% (income up to A$18,200 per year) to 45% (income over A$180,000 per year).

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