Category Archive: Salaries and Wages

Nov 20 2017

Average Wages in Australia. May 2017

Average Full Time Adult Wages in Australia in May 2017

The Australian Bureau of Statistics’ Average Weekly Earnings survey shows the Full-time adult average total earnings in May 2017 at $83,636.80 per year.

The report shows the Average Full Time Wages for Male and Female as:

Male average full time wage at $89,741.60. This is a rise from $62,800.40 in May 2007. An increase of 43% in 10 years.
Female average full time wage at $73,086.00. This is a rise from $50,575.20 in May 2007. An increase of 45% in 10 years.

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Sep 14 2017

Medicare Levy Reduction or Exemption

Australian Low Income Earners can Qualify for a Medicare Levy Reduction or Exemption

If your taxable income is equal to or less than; $21,655 you do not have to pay the Medicare levy.
If you are a senior or pensioner, then that threshold becomes $34,244.

If your taxable income is between $21,655 and $27,068 ($34,244 and $42,805 for seniors and pensioners) then you may be entitled to a Medicare Levy Reduction.
Your Medicare Levy will be calculated at 10% of the difference between your taxable Income and the lower limit (eg: $21,655 or $34,244)

Example Rates..

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Aug 02 2017

Medicare Levy

Australian Medicare Levy

The Medicare Levy is a charge levied on almost all Australian taxpayers to help fund the Australian Medicare system.

The charge is currently 2.0% of taxable income.

There are exemptions to this rebate based on low incomes etc.

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Jun 28 2017

Low Income Tax Offset

LITO: Low Income Tax Offset for Low Paid in Australia Australian taxpayers are able to benefit from the Low Income Tax Offset [LITO] benefit from the Australian Tax Office (ATO). This Low Income Tax Offset rebate is given to those people with low taxable incomes, and gradually reduces down to zero at a certain threshold. …

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Jun 27 2017

Minimum Wage in Australia 2017

On the 1st July 2017, the minimum wage in Australia will rise by 3.3%

Sep 12 2016

Earnings by Industry 2016 in Australia

Australian Average Wages by Industry 2016 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 2016 $144,570 Mining $ 78,281 Manufacturing $101,577 Electricity, Gas, Water …

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Jun 27 2016

Minimum Wage in Australia 2016

Australian National Minimum Wage from July 2016 As at July 2016 the Australian national minimum wage is $17.70 per hour or $672.70 per 38 hour week (before tax). This applied from the first pay period after 1 July 2016 Previous Australian Minimum Wage Rates The Minimum Wage rate for July 2015 was $17.29 per hour …

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May 31 2016

Average Australian Earnings November 2015

Average Australian Earnings in November 2015 TREND ESTIMATES from the ABS November 2015 Average Earnings Full Time $1,499.30 per week ($77,964 per year) for Full-Time Adult Average Ordinary Time Earnings, an increase of 1.7% in 12 months $1,556.30 per week ($80,928 per year) for Full-Time Adult Average Weekly Total Earnings, an increase of 1.2% in …

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Mar 21 2016

Average Wages for Non Managerial Workers in Australia in 2014

Adult Full time average wages in 2014, varied between $67,537 per year in Tasmania to a high of $83,928 in the Northern Territory.
Australian Capital Territory came second with $83,304 and Queensland followed in third position with $80,360.

Feb 28 2016

Average Australian Annual Wage Growth from Nov 2005 to Nov 2015

Average Australian Annual Wage Growth was 3.8% per year between 2005 to 2015, for Full-time adult total earnings.

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