Very High Wages in Australia
Posted on March 26, 2011 by Jobs Abroad
Wages in Australia have risen dramatically in recent years compared with other countries.
There are two reasons for this:
- actual wages paid in Australian dollars have risen
- the value of the Australian dollar has risen a lot compared with other currencies
The result is that Australian workers are being paid very well compared with workers in most other countries.
The average full-time wage in Australia at the end of 2010 was $66,594 a year in Australian dollars.
Converting to other currencies at today’s exchange rate gives an average wage in Australia of US$68,370, £42,580 or €48,500.
In comparison, the average full-time average wage in some other countries is: