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Why earning $100,000 is no longer considered rich in Australia – and how much you really need to afford a house

by Abella
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Australians who earn $ 100,000 a year are no longer considered rich with a low salary with six digits that are now below average.

The average, full -time salary in November amounted to $ 102,742, News Australian Bureau of Statistics data unveiled.

Those who usually work a week of 40 hours increased their wage level by 4.6 percent in a year, which was the largest annual increase since the pandemic in 2020.

The average Australian employee could now buy a house of $ 667,800 with a mortgage deposit of 20 percent.

But this would only buy an apartment in most major cities of Australia or a house in a distant, suburb, on condition that it is not in Sydney, where $ 1 million hardly buy a house with a backyard at 40 km from the city.

A Sydney influencer, known as a smooth gutter, expressed his frustration at $ 100,000 that was no longer considered rich.

“A salary of $ 100,000 is not Jack – it doesn't even make you the middle class, darling,” he told his 456,100 followers on Tiktok.

The young influencer mentioned demographic figures that show that Sydney is the second most expensive city in the world after Hong Kong when the income was compared to house prices.

Why earning 0,000 is no longer considered rich in Australia – and how much you really need to afford a house

Australians who earn $ 100,000 a year are no longer considered rich with a low, six -digit salary that is now below the average (depicted, racing fees arrive at Randwick Racecourse in Sydney)

The average, full-time salary was $ 102,742 in November, New Australian Bureau of Statistics Data unveiled (depicted a Sydney railway worker)

The average, full-time salary was $ 102,742 in November, New Australian Bureau of Statistics Data unveiled (depicted a Sydney railway worker)

Even three years ago, trainrivers earned an average of $ 128,137, based on the most recent data from the tax office.

But for this influencer, that kind of wage is hardly exorbitant.

“Everyone in Sydney, who is irritated by the train drivers who are in strike or the train lines are finished and they say things like:” Why are they so selfish? They already earn $ 100,000 a year ” – because it is not enough,” said he.

In the last data, Mijnoningenieurs had the highest average, full -time salary of $ 161,808.

Retail employees usually earn $ 77,802, while hospitality workers are paid the lowest at $ 74.391.

A Sydney influencer who is known as a smooth gutter (depicted) expressed his frustration to $ 100,000 that was no longer considered rich in Australia

A Sydney influencer who is known as a smooth gutter (depicted) expressed his frustration to $ 100,000 that was no longer considered rich in Australia

Average wage levels for full -time employees is now more than $ 100,000 in almost half of all industries, with six digits now typically in eight of the 17 sectors.

Mining ($ 161,808), telecommunications and media ($ 130,390), electricity, gas and waste ($ 122.314), professional, scientific and technical services ($ 120.630), financial and insurance ($ 119,090), public management and safety operations ($ 107,557 ), Education, Education and Training ($ 107,442) and Health and Social Help ($ 100,890) made the six -digit six figures.

Another seven sectors had average wage levels above $ 90,000, including transport ($ 99,091), construction ($ 97,916), rent and recruitment ($ 97,230), wholesale trade ($ 94,151), art and recreation ($ 93.933), production $ 93.184) and administrative and administrative services ($ 91,910).

Two sectors had less than $ 80,000, including retail ($ 77,802) and accommodation and food services ($ 74.391).

Unemployment in January stuck somewhat to 4.1 percent of 4 percent December, because 23,400 people lost their jobs.

Average full -time salaries per industry

MINING: $ 161,808 per year or $ 3,111.70 per week

IT, Media, Telcos: $ 130,390 per year or $ 2,507.50 per week

Electricity, gas, waste: $ 122.314 per year or $ 2,352 per week

Professional, technical: $ 120,630 per year or $ 2,319.80 per week

Finance, Insurance: $ 119,090 per year or $ 2,290.20

Public administration, safety: $ 107,557 per year or $ 2,068.40 per week

Education, training: $ 107,442 per year or $ 2,066.20 per week

Health, Social Aid: $ 100,890 per year or $ 1,940.20 per week

Transport, mail, storage: $ 99,091 per year or $ 1,905.60 per week

BUILD: $ 97,916 per year or $ 1,883 per week

Rent, recruitment: $ 97,230 a year or $ 1,869.80 per week

Wholesale trade: $ 94,151 per year or $ 1,810.60 per week

Art, Recreation: $ 93,933 per year or $ 1,806.40 per week

Manufacture: $ 93,184 per year or $ 1,792 per week

Administrative: $ 91,910 per year or $ 1,767.50 per week

Retail: $ 77,802 per year or $ 1,496.10 per week

Accommodation, Food: $ 74.391 per year or $ 1,430.60 per week

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