6302.0 - Average Weekly Earnings, Australia, Sep 1980.
6302.0 - Average Weekly Earnings, Australia, Jun 1982.
1985 – $167.50 per week.
Average incomes increased from $12,400 in 1966, and to $36,890 in 1978.
In 1981/82, Australia-wide median after-tax household income was around $15 000 according to the Income and Housing Survey collected by the ABS, while the Australia-wide median dwelling price was around $48 000, implying a price-to- income ratio of close to 3 (Graph 3).
In 1981, average weekly earnings for a man working full-time was $311 (the equivalent of $1,238 today) compared to $241 ($959 today) for a woman who worked full-time. This equates to a gender pay gap of 23%.
The median salary in Australia in 2023 is 6,650 AUD (USD 4,420) per month. The median salary refers to the middle value of all the salaries considered. In other words, around half of the population in Australia earns less than 6,650 AUD per month, while the other half earns more.
It's important to keep things in perspective, though. The average wage in the mid 1970s was around $6,000, according to the Australian Bureau of Statistics, so the median Sydney house price was almost six times' the value of the average annual income.
Australians are also earning a lot more now than we were back then; the average full time earnings in 1975 was $7,600 per year, today the annual average earnings exceed $72,000 per annum.
In 1995-96 the average wage and salary income for employees in metropolitan Australia was $29,500 compared with an average of $25,565 for those in non-metropolitan areas, a difference of $3,935 or 15.4%.
Minimum and Average Wages 1990 and 2021.
Average Full Time Wage: 1990: $566.60 per week, Male 38 hrs.
In 1996-97 the average weekly income was $481 for couples and $242 for single persons in this age group.
6302.0 - Average Weekly Earnings, Dec 1972.
In 1998, the average Aussie worker was earning $710 a week, or $37,000 a year, which is below the national minimum wage in 2023.
In 1997-98 the average weekly income was $460 for couples and $248 for single persons in this age group.
The average earnings for a week's work in 1965-66 was $57 (around $740 in today's dollars), and minimum wages for women were set around 30 per cent lower than for men. We measure average wages slightly differently now, but the newest data on average weekly earnings for Australia is $1160 per week.
6302.0 - Average Weekly Earnings, Dec 1974.
The average annual salary in Australia is $68,900 and $35.30 per hour. It is just the average salary for basic workers but skilled and experienced workers also earn around $108,980 annually.
6302.0 - Average Weekly Earnings, Dec 1976.
Australians wanting to be in the country's top 1% for wealth need to have an individual net worth of US$5.5 million ($8.3 million), Knight Frank's 2023 Wealth Report has found.
The amount of money it takes to make it into the top 1 per cent of the wealthiest Australians has doubled to $8.25 million since 2021, according to a new report. The increase means the amount of money you need to be part of Australia's top echelon of wealth ($US5.
A taxable income that was $131,501 or higher was within the top 10% of earners in Australia last year. About 5% of taxpayers had incomes above $180,000. Someone who earned more than $253,066 was in the top 1%.