The Australian national minimum wage rates for the 2012/2013 financial year are:
Adults Full Time
- $15.96 per hour ($606.40 per 38 hr week)
Adults Casual rate
- $19.63 per hour ($745.94 per 38 hr week) (an additional 23% to cover holiday
Category: Australia
Minimum Wage and Median Full-Time Wages 2010
Minimum wage levels in selected developed economies as a share of median full-time wages in 2010
From the ILO chart 28 in the Global Wage Report:
- 60.1% France
- 59.1% New Zealand
- 51.9% Ireland
- 51.8% Australia
- 51.7% Belgium
- 48.0% Portugal
- 46.1%
ALDI and IBM what do they have in common ?
Computers.
I know that here in Australia, ALDI have a low reputation in the eyes of some people, although I have always been happy with the majority of my purchases with them, but today I ended up being a bit … Read the rest
Housing Finance in Australia January 2013
Figures releases by the Australian Bureau of Statistics (ABS) show that loans for House purchases in January 2013,was at its lowest level since January 2012. Maybe January is a quiet month every year ?
January 2013 Housing Finance
Total Housing … Read the rest
Every time a government raids people’s funds there are shades of Cyprus about it
Tony Abbott, when talking to reporters in Melbourne about Labor’s latest changes to superannuation, made the comment: “Every time a government raids people’s funds, there are shades of Cyprus about it“.
The main change in the new Super … Read the rest
Average Mortgage Rates in Australia
Historical Interest Rates in Australia..
Mortgage Interest Rates generally rise and fall in line with the Reserve Bank of Australia’s (RBA) Cash Rate which is reviewed every month except January.
The RBA charts the standard mortgage rates in its F5 … Read the rest
Qantas and Emirates in Partnership
Qantas and Emirates are forming a global partnership.
Qantas and Emirates fly 14 times a day from Australia to Dubai, and provide ‘one-stop’ access to 65 destinations across Europe, the Middle East and North Africa.
On 17 January 2013, the … Read the rest
World’s Average Wages 2012
The International Labour Organization released figures of Average Earnings worldwide in 2012, and the BBC has a webpage where you can enter your own Pre Tax Income to see how it compares to the worlds averages. Although released in 2012, … Read the rest
2012 Housing Affordability Index Australia
The Housing Industry Association (HIA) released its quarterly housing affordability index for the December quarter of 2012, which registered another solid improvement.
This chart shows the changes in Housing Affordability in Australia from December 2009 to December 2012.
The following … Read the rest
Inactive, Dormant Bank Accounts forfeited to Governments
This article has a fitting title based on many Newspaper Headlines that I have seen about the “Introduction/Changes to Dormant bank Account Funds being passed to respective Governments.
UK: More than £400 million in so-called dormant bank accounts is … Read the rest