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Australia's average GDP growth rate for the period 1901–2000 was 3.4% annually. As opposed to many neighbouring Southeast Asian countries, the process towards independence was relatively peaceful and thus did not have significant negative impact on the economy and standard of living. [52]
The latest release shows that the median gross household income in 2013–2014 was $80,704, and the average of all households was $107,276. [ 1 ] Median household income in NZ 2004–2008
In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). ... Australia * 52,502 60,585 65,335 63,926
Australia: 46,800 (2021) ... the square root is used to acknowledge that people sharing accommodation benefit from pooling at least some of their living costs. ...
The average weekly price for a rental in Australia is $570 per week. Units are typically cheaper, at a national median of $540 vis-a-vis houses at $582. [3] Rental prices grew nationally by 10.1% between 2022 and 2023; substantially higher than the annualised CPI rate of 7% for the period.
The Global price level, as reported by the World Bank, is a way to compare the cost of living between different countries. It's measured using Purchasing Power Parities (PPPs), which help us understand how much money is needed to buy the same things in different places. Price level indexes (PLIs), with the world average set at 100, are ...
Average living costs also vary depending on how old you are. Gen Xers have the highest living costs in Texas by a fairly wide margin, according to a new GOBankingRates study. Total living ...
This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.