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Wage by AGE: How Much You Should be Earning in Australia

Australia

Wage by AGE: How Much You Should be Earning in Australia

 The Australian Bureau of Statistics has revealed how much the average Aussie can expect to earn in their late teens, 20s, 30s, 40s, 50s and 60s.

This is how much Aussies can expect to earn each month depending on their age
Those aged between 40 and 50 earn the most throughout their career 

The stats released in May 2016, show people in their late teens make $1,850 a month.

By the time you’re age between 21 to 24, you should expect to be pulling in $3,027 per month.

When you’re aged between 55 to 64 you can expect to be earning $5,286 a month which translates to $63,432 annually.

Earnings appear to plateau when people hit their mid thirties – with those in their early fifties only earning only slightly more.

Data from job site Seek shows which careers are the most lucrative, based on the highest paying advertised jobs from last year in Australia.

The mining industry gave workers the top paying salaries.

But as far as individual jobs within the sector go, it still came up short in favour of other occupations.

Seek has released its own research to suggest which were the highest paying advertised jobs from last year in Australia
The mining industry as a whole was the top earning salary for 2016 (stock image)

Miners, who earn on average $133,169 annually, were beaten by architects who make $137,707 on average.

The other highest salaried jobs were engineers ($133,530), IT managers ($129,903) and GPs ($129,635).

Source

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