TEMPO.CO, Jakarta – Australia has emerged as one of the largest economies in the world. According to Investopedia, the country witnessed a 3.2% growth in GDP. Given such a situation, how much will you likely make if you work in Australia?

The first thing you need to understand is that salaries in Australia, as well as other countries, may vary due to factors like skills, experiences, geographical location, and even gender.

Citing Forbes India and the Australian Bureau of Statistics (ABS), here is an overview of the average salary in Australia based on certain indicators, namely age, occupation, state, and gender.

What is the Average Salary in Australia?

Based on data from the ABS, as of May 2024, the average weekly earnings for full-time employees in Australia sits at AUD 1,923.40 before tax, amounting to around AUD 100,016.80 per year. This figure indicates a 4.6% increase from the previous year. 

On the other hand, according to data from January 2024 published by the ABS, the median weekly earnings in Australia tend to be lower than the average, standing at AUD 1,300 per week (AUD 1,130 per year) for every employee.

Average Salary in Australia by Age

Although the minimum working age varies depending on laws in every state, generally speaking, the age of 15 is the minimum working age in Australia. This age group, 15-19 years old to be precise, makes the least amount of money relative to other ages.

Citing Forbes India, the following is the average weekly income for various groups of ages in Australia:

– Age 15-19: between AUD 1 and AUD 249 per week

– Age 20-24: between AUD 500 and AUD 999 per week

– Age 25-34: between AUD 500 and AUD 1,499 per week

– Age 35-44: between AUD 500 and AUD 1,499 per week

– Age 45-54: between AUD 500 and AUD 999 per week

– Age 55-64: between AUD 500 and AUD 999 per week

– Age 65-74: between AUD 250 and AUD 499 per week

– Age 75-84: between AUD 250 and AUD 499 per week

– Over the age of 85: between AUD 250 and AUD 499 per week

Average Salary in Australia by Job

Different job roles and industries offer vastly different salary rates. In Australia, the mining sector continues to offer some of the most lucrative employment opportunities, with an average weekly income of up to AUD 3,015.30 or AUD 156,795.60 per year. 

Citing Forbes India, here is the average annual salary for certain jobs in Australia:

– Teacher: from AUD 95,000 to AUD 105,000 annually

– Mining Supervisor: from AUD 185,000 to AUD 205,000 annually

– Lawyer: from AUD 90,000 to AUD 110,000 annually

– Nurse: from AUD 75,000 to AUD 95,000 annually

– Construction Site Supervisor: from AUD 100,000 to AUD 120,000 annually

– Retail Sales Assistant: from AUD 55,000 to AUD 60,000 annually

Average Salary in Australia by State

Geographic location is another significant factor in salary variation across Australia. Its capital area has the highest weekly income in the country, with Western Australia in the second position.

The weekly average salaries for full-time adult workers in some states in Australia are as follows:

– New South Wales: AUD 1,935.70 per week

– Victoria: AUD 1,882.00 per week

– Queensland: AUD 1,901.00 per week

– Western Australia: AUD 2,094.30 per week

– South Australia: AUD 1,776.90 per week

– Tasmania: AUD 1,710.80 per week

– Northern Territory: AUD 1,845.80 per week

– Australian Capital Territory: AUD 2,126.50 per week

Average Salary in Australia by Gender

The gender-based salary gap prevails in Australia. According to the ABS, men in full-time positions earn an average of AUD 2,214.70 per week if they work in the public sector. In the private sector, male employees can expect an average salary of AUD 1,978.00.

As for women working in the public sector, their average weekly earnings come in at AUD 1,995.30. The figure stands at AUD 1,698.40 if they work in the private sector.

Regardless of the existing wage gap, the disparity has declined over recent years. Forbes India reports that, as of May 2024, the number has narrowed down from 12% to 11.5%.

We also discussed the average salary in Singapore in our previous article. Click the link for more insights.

PETIR GARDA BHWANA

Editor’s Choice: Average Salary in Australia by Age 2024, Here Is the Summary

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