- Country Guide
- Australia
Australia
Last Update by Katie, 14 Aug 2024
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Exchange Rate
18 Sep 2024
Cost of Living
Indicative value for a working adult in a city: Sydney
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (AUD) |
|---|---|
| McDonalds Set Meal | 15 |
| Monthly Train and Bus Tickets | 217 |
| 3 Bedrooms Rental (City Center) | 6,450 |
| 3 Bedrooms Rental (Outskirt) | 3,697 |
Current Inflation Rate
4.1%
Wage
Minimum Wages
- For a 38-hour week is 915.90 AUD and per hour is 24.10 AUD
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (AUD) |
|---|---|
|
Entry-Level
Fresh Graduate
|
4,500 |
|
Mid-Level
5 Years
|
6,500 |
|
Experienced & Managerial Level
10 Years
|
12,000 |
|
Specialized & Senior-Level
15 Years
|
13,500 |
Annual Salary Growth
3%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Superannuation Fund (Super) |
11%, 11.5% (from 1 July 2024) Maximum income contribution base in 2023/2024 is 62,270 AUD per quarter |
- | All staff and non-residents |
| Medical Levy (ML) | - |
2% Annual income over 93,000 AUD for singles, 186,000 AUD for families |
All staff, foreign residents are exempt |
State/Province Level
New South Wales
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Payroll Tax | 5.45% | - | Annual thresholds - 1,200,000 AUD |
Other Benefit
Other common employment benefits in Australia include:
- Rent Assistance: Around 500 AUD per month
- Remote working allowance: Around 200 AUD per month
Income Tax
Residents
-
Tax period: 1st July of the previous year- 30th June of the following year
Tax filing start date: 1st July of the following year
Tax filing due date: 31st October of the following year - Income tax tables apply to all states including New South Wales, Victoria and Queensland
Country Level
| Taxable Income | Rate |
|---|---|
| 0 -18,200 | 0% |
| 18,200 – 45,000 | 19% |
| 45,000 - 120,000 | 32.5% |
| 120,000 - 180,000 | 37% |
| Above180,000 | 45% |
Non-residents
Country Level
| Taxable Income | Rate |
|---|---|
| 0 - 119,999 | 32.5% |
| 120,000 - 180,000 | 37% |
| Above 180,000 | 45% |
Working Hours
Statutory
38 hours
7.6 hours/day, 5 days a week
Typical practice
38 hours
Monday- Friday
Overtime
- Monday to Saturday:
- The first 2 hours: 150% of regular pay
- The next 2 hours : 200% of regular pay
- Sundays: 200% of regular pay - Public Holiday, all day – 250% of regular pay
Employment Contract
Permanent
Contract Format
Verbal or written in English
Payroll Currency
AUD
Probation
3 – 6 months
Contract Period
No minimum duration
Termination
-
Notice during probation:
- 1 week written -
Voluntary termination:
- 1 week can be given verbally
- Awards and registered contracts may differ
- Payment in lieu is possible -
Involuntary termination after probation:
- Notice must be written for full and part time staff and get payment in lieu
- Under 1 years' service: 1 week
- 1-3 years' service: 2 weeks
- 3-5 years' service: 3 weeks
- Over 5 years' service : 4 weeks
- Staff over 45 with 2 years' service: 1 additional weeks' notice
- Awards and registered contracts may differ
- Payment in lieu is possible -
Severance (for dismissal)
- 1 - under 2 years: 4 weeks
- 2 - under 3 years: 6 weeks
- 3 - under l4 years: 7 weeks
- 4 - under 5 years: 8 weeks
- 5 - under 6 years: 10 weeks
- 6 - under 7 years: 11 weeks
- 7 - under 8 years: 13 weeks
- 8 - under 9 years:14 weeks
- 9 - under 10 years: 16 weeks
- Over 10 years – 16 weeks: As per Australian Council of trade unions
Public Holiday
7 days
Public holidays differ according to the state or territory
Country Level
| Date | Name |
|---|---|
| 01 Jan | New Year's Day |
| 26 Jan | Australia Day |
| 29 Mar | Good Friday |
| 30 Mar - 01 Apr | Easter Day |
| 25 Apr | Anzac Day |
| 27 May | Reconciliation Day |
| 05 Aug | Picnic Day |
| 25 Dec | Christmas Day |
| 26 Dec | Boxing Day |
State/Province Level
Western Australia
| Date | Name |
|---|---|
| 04 Mar | Labor Day |
| 03 Jun | West Australia Day |
| 23 Sep | King's Birthday |
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Leave | 4 weeks | All full and part time staff |
| Sick and Carer's Leave | 10 working days | All full and part time staff who are sick or looking after sick family members |
| Long Term Sick Leave | More than 3 months for a long period of sick leave | Extended leave accrued over a long period of service with the same employer |
| Parental Leave (Maternity, Paternity, Adoption and Special Maternity) |
Up to 18 weeks + 12 month extension |
All staff with 12 months' service |
| Unpaid Carer's Leave | 2 working days | All full-time and part-time staff with paid sickness or have carer’s leave remaining |
| Compassionate and Bereavement Leave | 2 days per occasion | All part and full-time staff |
| Community Service and Jury Duty Leave |
Community Service- No limit Jury Duty - 10 days |
All staff except casual workers for community service and Jury duty |
| Family and Domestic Violence Leave | 10 working days per year | All staff, including casual staff |
| Long Service Leave (LSL) |
6.07 - 13 weeks Entitlement differs per state or territory |
All full and part-time staff after 7 -10 years' continuous service |
Reference
- https://www.numbeo.com/cost-of-living/in/Sydney
- https://www.fairwork.gov.au/about-us/workplace-laws/annual-wage-review/2023-2024-annual-wage-review#:~:text=The%20new%20National%20Minimum%20Wage%20will%20be%20%24915.90,rates%20will%20apply%20from%20Wednesday%203%20July%202024.
- https://www.fairwork.gov.au
- https://www.ato.gov.au/
- https://www.legislation.gov.au/Details/C2021C00059
- https://www.payrolltax.gov.au/resources
- https://www.ato.gov.au/tax-rates-and-codes/tax-rates-australian-residents#ato-Australianresidenttaxrates2020to2025
- https://www.fairwork.gov.au/sites/default/files/2023-12/is-fixed-term-contract-information-statement.pdf
- https://www.fairwork.gov.au/employment-conditions/contracts
- https://www.fairwork.gov.au/leave/long-service-leave
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Contact UsCountry Guide - Australia
Last updated: 14 Aug 2024
Exchange Rate
Currency (AUD)
- 1 CNY = 0.185 AUD
- 1 USD = 1.32 AUD
Other currencies can be retrieved via the country guide link above.
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Labor Cost Calculator
To know the total employer cost for hiring a staff with certain salary, please go to our main site: https://marcopayroll.com
Cost of Living
Indicative value for a working adult in a city: Sydney
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (AUD) |
|---|---|
| McDonalds Set Meal | 15 |
| Monthly Train and Bus Tickets | 217 |
| 3 Bedrooms Rental (City Center) | 6,450 |
| 3 Bedrooms Rental (Outskirt) | 3,697 |
Current Inflation Rate
4.1%
Wage
Minimum Wages
- For a 38-hour week is 915.90 AUD and per hour is 24.10 AUD
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (AUD) |
|---|---|
|
Entry-Level
Fresh Graduate
|
4,500 |
|
Mid-Level
5 Years
|
6,500 |
|
Experienced & Managerial Level
10 Years
|
12,000 |
|
Specialized & Senior-Level
15 Years
|
13,500 |
Annual Salary Growth
3%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Superannuation Fund (Super) |
11%, 11.5% (from 1 July 2024) Maximum income contribution base in 2023/2024 is 62,270 AUD per quarter |
- | All staff and non-residents |
| Medical Levy (ML) | - |
2% Annual income over 93,000 AUD for singles, 186,000 AUD for families |
All staff, foreign residents are exempt |
State/Province Level
New South Wales
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Payroll Tax | 5.45% | - | Annual thresholds - 1,200,000 AUD |
Victoria
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Payroll Tax | 4.85% | - | Annual thresholds - 700,000 AUD |
Queesland
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Payroll Tax | 4.75% | - | Annual thresholds - 1,300,000 AUD |
Australian Capital Territory
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Payroll Tax | 6.85% | - | Annual thresholds - 2,000,000 AUD |
Other Benefit
Other common employment benefits in Australia include:
- Rent Assistance: Around 500 AUD per month
- Remote working allowance: Around 200 AUD per month
Income Tax
Residents
-
Tax period: 1st July of the previous year- 30th June of the following year
Tax filing start date: 1st July of the following year
Tax filing due date: 31st October of the following year - Income tax tables apply to all states including New South Wales, Victoria and Queensland
Country Level
| Taxable Income | Rate |
|---|---|
| 0 -18,200 | 0% |
| 18,200 – 45,000 | 19% |
| 45,000 - 120,000 | 32.5% |
| 120,000 - 180,000 | 37% |
| Above180,000 | 45% |
Non-residents
Country Level
| Taxable Income | Rate |
|---|---|
| 0 - 119,999 | 32.5% |
| 120,000 - 180,000 | 37% |
| Above 180,000 | 45% |
Working Hours
Statutory
38 hours
7.6 hours/day, 5 days a week
Typical practice
38 hours
Monday- Friday
Overtime
- Monday to Saturday:
- The first 2 hours: 150% of regular pay
- The next 2 hours : 200% of regular pay
- Sundays: 200% of regular pay - Public Holiday, all day – 250% of regular pay
Employment Contract
Fixed-Term
Used for specified projects and seasonal work and can be full or part time. For specialised skills, training arrangements, essential work during peak demand, replacement of staff- no duration conditions or renewal specifications apply.
Probation
3 – 6 months
Termination
-
Notice during probation:
- 1 week written
- Payment in lieu not required -
Involuntary termination after probation:
- No notice required unless stated in awards or registered contracts
- Payment in lieu is possible -
Severance:
- Not payable if employment finishes on the contract end date
Permanent
Probation
3 – 6 months
Termination
-
Notice during probation:
- 1 week written -
Voluntary termination:
- 1 week can be given verbally
- Awards and registered contracts may differ
- Payment in lieu is possible -
Involuntary termination after probation:
- Notice must be written for full and part time staff and get payment in lieu
- Under 1 years' service: 1 week
- 1-3 years' service: 2 weeks
- 3-5 years' service: 3 weeks
- Over 5 years' service : 4 weeks
- Staff over 45 with 2 years' service: 1 additional weeks' notice
- Awards and registered contracts may differ
- Payment in lieu is possible -
Severance (for dismissal)
- 1 - under 2 years: 4 weeks
- 2 - under 3 years: 6 weeks
- 3 - under l4 years: 7 weeks
- 4 - under 5 years: 8 weeks
- 5 - under 6 years: 10 weeks
- 6 - under 7 years: 11 weeks
- 7 - under 8 years: 13 weeks
- 8 - under 9 years:14 weeks
- 9 - under 10 years: 16 weeks
- Over 10 years – 16 weeks: As per Australian Council of trade unions
Public Holiday
7 days
Public holidays differ according to the state or territory
2024
| Date | Name |
|---|---|
2025
| Date | Name |
|---|---|
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Leave | 4 weeks | All full and part time staff |
| Sick and Carer's Leave | 10 working days | All full and part time staff who are sick or looking after sick family members |
| Long Term Sick Leave | More than 3 months for a long period of sick leave | Extended leave accrued over a long period of service with the same employer |
| Parental Leave (Maternity, Paternity, Adoption and Special Maternity) |
Up to 18 weeks + 12 month extension |
All staff with 12 months' service |
| Unpaid Carer's Leave | 2 working days | All full-time and part-time staff with paid sickness or have carer’s leave remaining |
| Compassionate and Bereavement Leave | 2 days per occasion | All part and full-time staff |
| Community Service and Jury Duty Leave |
Community Service- No limit Jury Duty - 10 days |
All staff except casual workers for community service and Jury duty |
| Family and Domestic Violence Leave | 10 working days per year | All staff, including casual staff |
| Long Service Leave (LSL) |
6.07 - 13 weeks Entitlement differs per state or territory |
All full and part-time staff after 7 -10 years' continuous service |
Reference
- https://www.numbeo.com/cost-of-living/in/Sydney
- https://www.fairwork.gov.au/about-us/workplace-laws/annual-wage-review/2023-2024-annual-wage-review#:~:text=The%20new%20National%20Minimum%20Wage%20will%20be%20%24915.90,rates%20will%20apply%20from%20Wednesday%203%20July%202024.
- https://www.fairwork.gov.au
- https://www.ato.gov.au/
- https://www.legislation.gov.au/Details/C2021C00059
- https://www.payrolltax.gov.au/resources
- https://www.ato.gov.au/tax-rates-and-codes/tax-rates-australian-residents#ato-Australianresidenttaxrates2020to2025
- https://www.fairwork.gov.au/sites/default/files/2023-12/is-fixed-term-contract-information-statement.pdf
- https://www.fairwork.gov.au/employment-conditions/contracts
- https://www.fairwork.gov.au/leave/long-service-leave
Contact Info
-
Singapore (Headquarters)
8 Marina Boulevard, MBFC Tower 1, #11-01, Singapore, 018981
+65 6653 4334 -
China (Headquarters)
79 Jianguo Road, China Central Place Tower 2, #09-52, Beijing, 100025
+86 10 6580 0555 -
China (Service Center)
23 Dagong Street, Eton Place Tower 2, Unit 1808, Dalian, 116001
-
United States
445 S Figueroa St, 31st Floor, Los Angeles, California, 90071
-
United Kingdom
71 - 75 Shelton Street, London, England GB
-
Netherlands
Vijzelstraat 68, 1017 HL, Amsterdam
-
Australia
Level 22, Salesforce Tower, 180 George Street, Sydney, NSW 2000