Search results
Results from the WOW.Com Content Network
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 average wage is a measure of total income after taxes divided by total number of employees employed. ... Australia * 55,109 63,595 68,581 67,101
GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
Upper middle income 30.20 2008 Saint Lucia: Caribbean: Upper middle income 43.7 2015 51.23 2016 Sri Lanka: Southern Asia: Lower middle income 37.7 2019 37.66 2019 Lesotho: Southern Africa: Lower middle income 44.9 2017 44.88 2018 Lithuania: Northern Europe: High income 36.7 2021 36.68 2022 36.6 2021 Luxembourg: Western Europe
It includes every form of cash income, e.g., salaries and wages, retirement income, investment income and cash transfers from the government. It may include near-cash government transfers like food stamps , and it may be adjusted to include social transfers in-kind, such as the value of publicly provided health care and education.
The progressive nature of income tax in Australia results in different income groups paying different amounts. The top 1% of income earners pay 18% of income tax received. The top 3% pay 28% of income tax. The top 10% of earners paid 46% of all income tax paid. The bottom 50% of earners paid 11% of all income tax. [19]
Ratio for Each Income Percentile to Median Income In the U.S. ... As of 2019, Thai per capita income ... Australia was suffering from the global fallout from the 2008 ...
The average debt was 20% of gross assets. The proportion of people with wealth above US$100,000 was the highest in the world (eight times the world average). Australia had 3.8% (1,783,000 people) of the top 1% of global wealth holders while having 0.4% of the world's adult population. [75]