GITNUX MARKETDATA REPORT 2024

The Most Surprising Australian Incomes Statistics And Trends in 2024

Statistic 1

"The top 10% of income earners in Australia take home around 29% of the total income."

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Statistic 2

"Approximately 70% of Australian workers earn between AUD 40,000 and AUD 120,000 annually."

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Statistic 3

"Real household disposable income per capita has risen by 1.2% annually over the last 5 years."

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Statistic 4

"The average income of the top 1% of Australian earners is around AUD 400,000 per year."

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Statistic 5

"The median full-time income for Australian workers is approximately AUD 65,000 per year."

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Statistic 6

"Approximately 25% of Australian households have an annual income of over AUD 130,000."

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Statistic 7

"Income inequality in Australia has remained relatively constant since 2008."

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Statistic 8

"Superannuation contributions average around 9.5% of an employee's income."

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Statistic 9

"The average annual income for a full-time Australian worker is around AUD 90,000."

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Statistic 10

"The proportion of income tax to GDP in Australia stands at approximately 23%."

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Statistic 11

"Sydney has the highest average household income among Australian cities."

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Statistic 12

"The percentage of Australians earning over AUD 250,000 per year is around 2%."

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Statistic 13

"The income share of the bottom 20% of Australians is around 8%."

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Statistic 14

"About 15% of Australians live below the poverty line."

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Statistic 15

"Part-time workers in Australia earn a median income of around AUD 25,000 annually."

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Statistic 16

"The gender pay gap in Australia is about 14%."

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Statistic 17

"Median household income in Australia is about AUD 90,000 per year."

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Statistic 18

"The cost of living in major Australian cities like Sydney and Melbourne affects income distribution significantly."

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Statistic 19

"Australia's minimum wage is AUD 20.33 per hour as of 2021."

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Statistic 20

"Income from property rent accounts for about 8% of total household income in Australia."

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