What Is the Average Salary in Australia?

As of May 2024, according to the latest figures from the Australian Bureau of Statistics, the average pay in Australia is $1,923.40 per week, $103,812 per year. However, the full-time weekly wage for adults is 196.40%, a 4.5% increase from last year. The Median salary is around $65,000 per year. Australia is the largest country in Oceania and among the most preferred countries for foreign nationals. Besides the strongest economy, beautiful landscapes, and highest standard of living, Australia offers a higher salary for full-time and half-time work hours than internationally. According to the 2023-2024 survey, Australia is ranked 13th globally in terms of GDP.

 

*Want to work in Australia? Talk to Y-Axis for complete guidance.

 

Key Factors Influencing Salaries

There are many factors can influence Salaries in Australia, including:

 

• Education Qualification
• Work Experience
• Based in location
• Australian Industry
• Economic conditions

 

Industry-Specific Salary Insights

In Australia, the average annual salary depends on the industry that an applicant is working in. Here are some of Industry-Specific Salary Insights:

Industry	Annual Earning(AUD)
Mining Industry	120,000  AUD
Electricity, Gas, Water, and Waste Services	116,678  AUD
Construction	70,000 AUD
Wholesale Trade	60,000 AUD
Manufacturing	90,000  AUD
Engineering	75,000 AUD
Education	70000 AUD
Insurance Services	91,100 AUD
Real estate	103000 AUD
Science and Technology service	122,000 AUD
Finance	80,000 AUD
Healthcare	95,000 AUD

 

As per the recent 2025 stats, here is the average pay of different job roles in Australia in 2025:

Job Roles	Average Annual Salaries
Nurses	AU$63,600
Pharmacists	AU$75,600
Doctors	AUD $158,080
Teachers	AUD $74,478
Lawyers	AU$124,800
Accountants	AU$63,442
Chefs	AU$63,442
Electricians	AU$79,453
Marketers	AUD 91,749
Engineers	AUD 112,358

 

*Looking for jobs in Australia? Avail Y-Axis job search services to find the right one!

 

Regional Salary Variations

There are significant variations in salaries across Australia:

Australian States	Average Annual Salary (AUD)
Victoria	65,000 AUD
New South Wales (NSW)	65,000 AUD
Queensland	62,970 AUD
Tasmania	55,900 AUD

 

How Does Australia Compare Internationally?

When comparing the salaries of Australian workers with those from those countries, several factors should be considered, including living costs, taxation, currency exchange rates, etc. Here is a difference in average salaries in Australia and some of the selected countries around the world:

Country	Average Annual Salary (USD)	Cost of Living Index	Global Salary Ranking
Australia	$66,200	73.54	10
United States	$65,836	71.05	9
United Kingdom	$42,835	67.28	23
Canada	$52,000	67.62	17
Germany	$49,700	65.26	15
New Zealand	$48,800	72.53	16

 

Maximizing Your Earnings in Australia

Below mentioned are some ways to maximize your earnings in Australia:

 

• Claim deductions: If there are any claims expenses related to earning money, including work-related costs.
• Make charitable donations: Over $2 donation to eligible charities is tax-deductible, reducing your taxable annual salary.
• Make voluntary super contributions: Small contributions can make a big difference in retirement savings.
• Pay down debt: Paying off debt can save interest and increase the pension.
• Offset investment losses: Sell investments currently at a loss to reduce the taxable income.
• Create passive income: You can rent or make passive financial investments like a high-interest savings account or term deposit.

 

*Are you looking for step-by-step assistance to migrate to Australia? Talk to Y-Axis, the leading overseas immigration consultancy in Australia.

 

Frequently Asked Questions

1. What are the factors that influence the Salary in Australia?

The most significant influence on Salary differs depending on the specific job and industry. Still, factors such as skill, work experience, and the demand for jobs are among the most significant influences on Salary.

2. Why is the average salary in Australia so high?

The average salary in Australia is relatively high compared to many other countries due to their strong economy, high cost of living, and labor laws.

3. How much is hourly pay in Australia?

The national minimum wage in Australia has been 24.10 AUD per hour since July 1, 2024.

4. How much does a workforce earn on average salary in Australia?

The Australian workforce earns an average pay of 37,000 AUD to 94,000 AUD annually.