Average Australian salary: people earning over $200,000 per annum not "well off"
Most of us would probably think a $200,000-a-year salary was more than enough to live a comfortable – if not downright luxurious – life.
But that’s not the case for scores of Australians on high incomes who still don’t consider themselves to be particularly wealthy, despite earning far more than their fellow countrymen and women.
According to the most recent figures from the Australian Bureau of Statistics (ABS), the average weekly earnings for Australian adults who work full time is $1634 – a figure that equates to $84,968 per year.
However, it turns out many of those who rake in more than double that still don’t think they’re doing all that well.
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A whopping 52 per cent of people earning between $150,000 and $200,000 reported feeling “frustrated” by Australia’s rising cost of living while 14 per cent were “angry” about the situation, compared with 49 per cent of respondents with incomes above $200,000 who said they were “frustrated” by rising costs and 12 per cent who were “angry”.
And even higher income earners indicated they need more money to be “comfortable”, with half of those earning more than $200,000 a year believing they need more than $400 extra per week to be “comfortable”.
More than one-fifth of those earning more than $200,000 think they need an extra $10,000 a week to be “well-off”, while another fifth believe they need $20,000 or more per week to achieve that.
https://www.news.com.au/finance/mone...3165c3cb6e168f
