does australia have a minimum wage? what is teh average wage? or salary? and how hard is it to buy a home in australia preferably in smithfield or in that area
2007-08-14 15:57:41 · 9 answers · asked by antelias 2 in Travel ➔ Australia ➔ Other - Australia
Yes Australia has a Minimum wage.
Your Rights at Work on Minimum Wage
http://www.rightsatwork.com.au/thefacts/minimumwage website will be helpful to you.
These sites cover all you need to know about jobs, wages and employment conditions.
http://workplace.gov.au
http://www.wagenet.gov.au
http://www.wageline.com.au
Australia also has a first home owners grant to help Australians - more info go to http://www.firsthome.gov.au
Just on the wages - kids can get less. eg) my 16 yr old gets $9 an hour at a supermarket, (after school job) but $13 on weekends and more on public holidays etc.... so please don't take it that everyone gets a minimum of $20 an hour in any job as age does come into it also.
2007-08-14 18:03:39 · answer #1 · answered by • Koala • uʍop ɹǝpun 7 · 2⤊ 1⤋
The average Australian yearly full time adult ordinary time earnings, as at February 2010, is $64,641.20. The average Australian total earnings for all employees including full time, part time, casual workers and juniors is $50,408.80 EDIT: As usual, the answer of one particular answerer is wrong. The minimum wage is $569.90 per week or $29,634.80 per year. How could the median be anything like $30,000 when hardly any workers earn only minimum wage? The median over the last 15 years has worked out to about 85% of average adult earnings i.e. around $55,000.
2016-05-18 00:51:33 · answer #2 · answered by ? 3 · 0⤊ 0⤋
About $50000 is considered a fair wage in Australia. A basic wage would be in the mid-20K. These days it is very difficult to buy a house, because Australia had a housing boom about 5 years ago and houses doubled and tripled in price in the time afterwards. For an average suburban home in Brisbane (middle of the range) you have to expect to pay at least $400000. For most young people this is out of reach of their income.
2007-08-14 19:22:02 · answer #3 · answered by hooverdamsel 2 · 1⤊ 0⤋
Hello there,
The average depends on what position and what industry you are looking at:
However, on a very sterio typical average Retail and F&B etc staff obtain about AUS$15-19 per hour or about $40K per year + Superannuation (before tax)+ Tips.
Since interest rates keep going up, it is increasingly difficult for the average couple to buy a home (3Bed 2Bath 2CG) and next to impossible to buy a home if you are an individual.
The ever increasing price of real estate does not help either. On average a home (as described before) is about $400K-$800K dependant on how close to the city is, in this case, Brisbane.
Unfortunatly, i am not sure where smithfeild is...
Good Luck.
2007-08-14 18:03:19 · answer #4 · answered by Roshell 2 · 1⤊ 0⤋
The Federal Minimum Wage for full-time adults is $522.12/week, which equates to $13.74/hour.
The average full-time earnings in Australia is $1,200/week for males and $974/week for females. Average for all full-time adults is $1,119/week.
Older style houses in Smithfield tend to be worth around $320,000 to $370,000, while newer, larger houses can be anywhere from $400,000 to $500,000. Duplexes (two seperate houses with a common wall and shared roof) can be around $280,000 to $300,000.
If we take an average value of $380,000 with a 10% deposit and a standard variable interest rate of 7.64%, monthly mortgage repayments will be about $2,425, roughly $560 per week.
Based on the average wage of $1,119, after-tax earnings will be $870, leaving you with $310 per week to live off. While that's not impossible to do, I would say that's fairly tough for a single person and near impossible if you happen to have a family.
An above-average salary, a second income or a higher deposit will probably be advisable.
2007-08-14 18:51:44 · answer #5 · answered by Robert C 2 · 1⤊ 0⤋
The lowest paid person I know gets $13.87 per hour and that min wage in a warehouse but most ppl I know get an average og $20 per hour.
Like anywhere if your willing to work hard you will be payed good.
I live 45mins from Melbourne and the average price for a house round here is $300.000 for the average 3 bed 2 bathroom home
2007-08-14 18:18:04 · answer #6 · answered by nazjaydan 2 · 1⤊ 0⤋
On average, about $15/hr. Taxes includes: 15% to 25% income tax, 10% GST on everything (goods & services), medicare levy, council rates, etc. Add to that bank services fees, mortgage/loan interests, etc.
Houses in Smithfield area will cost you around $350k to $450k for a 3BR home, buying a house is not difficult as banks are more than happy to finance your "dream" but repayment on the loan is the hardest part. Welcome to Capitalist Australia!!!
2007-08-15 11:16:42 · answer #7 · answered by morning breath 3 · 0⤊ 1⤋
I read that in the paper today - it was $1019/wk which I thought sounded quite high but that is the official average. You could survive comfortably on much less than that if you weren't paying off a house. Of course it costs heaps less to live if you aren't in the main cities.
2007-08-16 22:03:01 · answer #8 · answered by conda 6 · 1⤊ 0⤋
more hard then the us.
2007-08-14 16:03:03 · answer #9 · answered by Christie W 4 · 0⤊ 2⤋