How Much Money Do You Need To Be Considered Rich In Australia?

average australian salary by age

It makes the world go round, rules everything around us, and as per the assertions of modern American poet Christopher Wallace, creates mo’ problems. Naturally, people are generally curious about money in two key regards: 1. How do I get my hands on more of it?; and 2. How does my take-home compare to the average Australian salary (or put simply, am I earning enough)?

According to the Australian Bureau of Statistics, full-time workers need to rake in a salary exceeding $91,000 to be considered an above-average income earner (average weekly pay: $1,748.40). This is, of course, a one-size-fits-all figure. Depending on factors such as gender, sector, industries, and geography, it’ll vary. Whatever the case, it might be time to call your boss for a sit-down meeting.

Here are some key stats surrounding the average Australian salary (data sourced from: ABS, November 2021).



Average Australian Salary By Gender & Sector

  • Male
    Average weekly earnings: $2,025.20 (Public) | $1,812.30 (Private)
    Average salary: $105,310 (Public) | $94,240 (Private)
  • Female
    Average weekly earnings: $1,799.30 (Public) | $1,504.80 (Private)
    Average salary: $93,564 (Public) | $78,250 (Private)
Average Australian Salary
Average Australian Salary

Average Australian Salary By State & Territories

  • New South Wales
    Average weekly earnings: $1,848.10 (Male) | $1,627.20 (Female)
    Average salary: $96,101 (Male) | $84,614 (Female)
  • Victoria
    Average weekly earnings: $1,862.40 (Male) | $1,596.60 (Female)
    Average salary: $96,845 (Male) | $83,023 (Female)
  • Queensland
    Average weekly earnings: $1,780.20 (Male) | $1,498.50 (Female)
    Average salary: $92,570 (Male) | $77,922 (Female)
  • South Australia
    Average weekly earnings: $1,633.40 (Male) | $1,511.40 (Female)
    Average salary: $84,937 (Male) | $78,592 (Female)
  • Western Australia
    Average weekly earnings: $2,045.90 (Male) | $1,611.60 (Female)
    Average salary: $106,387 (Male) | $83,803 (Female)
  • Tasmania
    Average weekly earnings: $1,596.30 (Male) | $1,450.60 (Female)
    Average salary: $83,008 (Male) | $75,431 (Female)
  • Northern Territory
    Average weekly earnings: $1,795.00 (Male) | $1,579.40 (Female)
    Average salary: $93,3405 (Male) | $82,129 (Female)
  • ACT
    Average weekly earnings: $2,055.10 (Male) | $1,893.60 (Female)
    Average salary: $106,865 (Male) | $98,467 (Female)

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Average Australian Salary

5 Highest-Paying Australian Industries

  • Mining
    Average weekly earnings: $2,724.90 (Male) | $2,306.30 (Female)
    Average salary: $141,695 (Male) | $119,928 (Female)
  • Information Media & Telecommunications
    Average weekly earnings: $2,310.20 (Male) | $1941.00 (Female)
    Average salary: $120,130 (Male) | $100,932 (Female)
  • Financial & Insurance Services
    Average weekly earnings: $2,333.30 (Male) | $1,852.80 (Female)
    Average salary: $121,332 (Male) | $96,345 (Female)
  • Professional, Scientific, & Technical Services
    Average weekly earnings: $2,226.90 (Male) | $1,713.50 (Female)
    Average salary: $115,799 (Male) | $89,102 (Female)
  • Electricity, Gas, Water, & Waste Services
    Average weekly earnings: $2,007.60 (Male) | $1,850.80 (Female)
    Average salary: $104,395 (Male) | $96,242 (Female)
How Much Money Do You Need To Be Considered Rich In Australia?

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