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The median gross household income in 2017-2018 is A$1,701 per week or A$88,695 per year. As of 30 June 2018 (end of fiscal year), one Australia dollar is equivalent of 0.7406 U.S. dollar. Using this exchange rate, the median gross household income in Australia is US$65,687 in 2017–18. [16]
The Household, Income and Labour Dynamics in Australia Survey (HILDA) is an Australian household-based longitudinal study which began in 2001. [1] It has been used for examining a wide variety of economic, social, health and other issues, examples of which include: the incidence of persistent poverty; assets and income in the transition to retirement; the correlates and impact of changes in ...
The average wage is a measure of total income after taxes divided by total number of employees ... Australia * 52,502 60,585 65,335 ... Disposable household and per ...
Household income is a measure of income received by the household sector. It includes every form of cash income, e.g., salaries and wages, ... Australia: 46,800 (2021)
Indeed, the results showed that if the effects of being a woman were removed, the average wage of an Australian woman would increase by $1.87 per hour, equating to an additional $65 per week or $3,394 annually, based on a 35 hour week." (The second most important factor in explaining the pay gap was industrial segregation.) [24]
In the report Australia was the second-wealthiest country in the world behind Switzerland based on average wealth per adult, and had the highest median wealth in the world (US$222,000, nearly four times the amount of each US adult) and a proportion of people with wealth above US$100,000 that was eight times the world average.
This is the most recent list of Australian states and territories by gross state product (GSP) and GSP per capita. Also included are the GSP and population growth tables as well as a comparison table showing the surplus/deficit between state final demand (SFD) and GSP for the same financial year.
In 2018, it was reported that Australia’s full-time gender pay gap was 14.6% and women earnt on average A$244.80 per week less than men. [6] It was also reported that Western Australia had the highest pay gap by state and territory (22.4%), while the lowest pay gap was reported in Tasmania (9.7%). [ 6 ]