igor9
Well-Known Member
- Joined
- Sep 9, 2024
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- HSC
- 2024
oh sorry, maybe i mixed up median and average salary for minimum wage, i guess the stats bit in math adv didn't rub off on me.From recent data, the median annual salary in Australia is about $65k whereas the average annual salary is about $98k (so obviously skewed by outlier high income earners). This is all before income tax and across all age groups (i.e. including experienced workers).
For reference, for a typical graduate job (out of university) the annual salary is roughly $60k-$70k.
It's a pretty well known societal issue that someone with a median annual salary would struggle to afford a house at the median price.