Do you know what are the main things to think about while relocating to Australia for work? It is crucial to research the requirements, Australia Average Income 2024, and typical wage of any vocation before making a decision. We will go over each of the many variables that affect your City Wise Australia Average Salary 2024 in depth below, including education level , experience and skills, supply and demand, inflation, laws and regulations and labour unions. You should check Australia Average Salary Based On Industries 2024 and then select the work based on it.
Australia Average Income 2024
The average annual pay for an employee in Australia is approximately 91,900AUD; the lowest average wage is roughly 23,800 AUD, and the highest average salary is 405,600 AUD. We have made the table below which describes the Australia Average Income 2024.
State Wise Australia Average Income 2024
| State | State Wise Australia Average Income 2024 |
| North South Wales (NSW) | 65,000 AUD |
| Queensland | 62,970 AUD |
| Tasmania | 55,900 AUD |
| Queensland | 73,000 AUD |
| Northern Territory | 71,000 AUD |
| Category | Finance |
City Wise Australia Average Salary 2024
The average salary of the population is one of the main measures of the city’s prosperity in Australia, where living standards are high. Now let’s examine the average pay throughout Australia’s cities.
| Cities | City Wise Australia Average Salary 2024 |
| Sydney | 98,000 AUD |
| Melbourne | 96,000 AUD |
| Adelaide | 90,000 AUD |
| Brisbane | 94,000 AUD |
| Canberra | 95,000 AUD |
| New Castle | 89,000 AUD |
| Perth | 92,000 AUD |
Australia Average Salary By Gender 2024
The difference between the average salary of men and women is known as the gender pay gap. The entire gender based pay gap in Australia as a result of discrimination.
| Gender | Australia Average Salary By Gender 2024 |
| Male | 94,800 AUD |
| Female | 89,500 AUD |
Australia Average Salary Based On Industries 2024
The industries in Australia with the highest average yearly wage for a full time worker are listed in the table below:
| Industries | Australia Average Salary Based On Industries 2024 |
| Information Technology | 110,837 AUD |
| Law Enforcement and Security | 83,779 AUD |
| Marketing and Sales | 100,881 AUD |
| Banking, Finance and Insurance | 102,055 AUD |
| Architecture and Creative Arts | 87,289 AUD |
| Administration and Human Resources | 89,448 AUD |
| Engineering | 76,600 AUD |
| Oil/Energy/Mining | 81,800 AUD |
| Automotive | 59,300 AUD |
| Telecommunications | 80,000 AUD |
| Rental, Hiring and Real Estate Services | 75,000 AUD |
Plans and Assistance from the AU Government
The Australian government provides a range of financial assistance programs. These are designed to help residents manage their living expenditures and include the Age Pension and JobSeeker Allowance.
These programs are necessary in a nation where living expenses are high because they give those in need the support they need.
Australia’s Average Salary 2024 : Statistics
In Australia, the average annual pay is 90,800 Australian dollars (USD 60,355).
To ensure you thoroughly comprehend wage statistics and trends in Australia, let’s go over a few major indications of typical earnings in the nation.
- Median Salary:
In Australia, the average monthly wage in 2023 will be 6,650 AUD (USD 4,420).The midpoint of all the wages taken into consideration is referred to as the median salary. Stated differently, around 50% of the Australian population earns less than 6,650 AUD per month, while the remaining 50% earn more.
- Average Salary Range:
Australia has a salary range of 1,917 AUD (USD 1,274) per month to 33,750 AUD (USD 22,433) per month on average. Note: These are approximations, not exact numbers. The real pay range in Australia could be as low as 1,917 AUD per month for the lowest wage and as much as 33,750 AUD for the greatest salary.
- Minimum Wage:
Australia has a national law that mandates a minimum hourly pay of 21.38 AUD (USD 14.21) for both full-time and part-time workers, according to the Australian Bureau of Statistics. It’s interesting to note that Australia’s minimum wage is greater than the US minimum wage of USD 7.25 per hour. Australia likewise pays its workers a basic wage that is higher than that of the UK, which is GBP 10.42 (USD 12.93) per hour.
FAQs On Australia Average Income 2024
The tax burden for Australians earning an average salary of $90,000 before taxes annually would be $19,717 for the 2022–2023 fiscal year. This amount is derived from the Moneysmart website’s income tax calculator, where you may enter your salary to get your expected tax liability.
Western Australia is the highest paying state in Australia, with the Australian Capital Territory coming in second.