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We Re Struggling Say The Have Lots On 370k A Year The Squeezed Upper Middle Find It Hard To Maintain Private Education And Huge Properties House Prices And The Economy House Price Crash
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They have run the numbers and concluded the old working class vs.
Upper class income australia. Household income by quintiles. The squeezed middle class figure 3 4 figure 4. Australia has long been labelled the land of the middle class but our recent analysis of the australian bureau of statistics wealth and income data shows that this is less the case today. Australia doesn t have an upper class.
The middle income class in australia is more highly skilled than 20 years ago of middle class workers who hold jobs in the different skill groups mid 1990s mid 2010s 32 source. Well the median gross household income was 1616 a week for 2015 2016 the most recent figures available from the australian bureau of statistics. To gain another perspective you can also look at the average weekly income. This range is marked by a lower number 30 of incomes at the beginning and the higher number.
Only 10 per cent of aussies. The australian bureau of statistics presents average income as a range based on where you live. But when facing a class war it helps to be reminded of who the rich actually are. The top tax rate of 45 cents in the dollar for earnings over 180 000 a year has become an.
That leaves the middle classes 60 of australia s population with the other 48 of earnings. That equates to 84 032 a year. If your income is around 1 400 a week that would put you in the 91 000 to 103 999 per annum income bracket for australia with 4 per cent of other income earners. Australia has six social classes according to new research from social scientists at the australian national university.
If you mean what is considered to be a high income that would probably be an income in excess of 150 000 not including superannuation. In australia it was 1567 90. Oecd 2019 under pressure. Australian middle income households spend a relatively low but growing share of their.
The average household gross income is 116 584 however the top 20 of households earn 48 of all income. 293 views view 2 upvoters.
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