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Home » Australasia » Are salaries higher in Australia or New Zealand?

Are salaries higher in Australia or New Zealand?

December 14, 2021 by Trevor Zboncak

Stats NZ figures for the March quarter show the average weekly income for full time workers in New Zealand is $1328.43. In Australia, the average is A$1711.60 (NZ$1807.66) for full time workers, as of November, according to the Australian Bureau of Statistics.

Contents

Is it better to work in Australia or New Zealand?

Australia will offer you more opportunities, both in the number of jobs available and in chances to progress your career. That’s simply because Australia has a many big cities with booming industries. New Zealand’s big corporations are concentrated mostly in and around Auckland.

Are salaries higher in New Zealand?

New Zealand wages vary greatly by industry and we also record regional variations: as a guideline, salaries are higher where the cost of living and housing is dearer. The median income in New Zealand is just under NZ$27 per hour as of mid-2021 (NZD$56,160 per annum based on a 40-hour week).

What is considered a good salary in New Zealand?

A US study has found there’s an optimal earnings point that makes individuals happy. In New Zealand that “optimal” salary is $171,000, according to research from Purdue University in West Lafayette.

Is it cheaper to live in New Zealand or Australia?

New Zealand has a lower cost of living than Australia. You’ll likely pay less for everything there. The cost of living in each country is an average set of data. It varies from city to city.

Is New Zealand immigration easier than Australia?

Both are great countries, especially for immigrants, but to make it easier for you we have compared them side by side to help you choose a path for your new life.
Points System Comparison.

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Factor Australia New Zealand
Overseas Work Experience 15 50
Onshore Work Experience 20 10
Qualifications (Education) 20 70

Which city in Australia has the highest salary?

The Kalgoorlie, Goldfields and Esperance region recorded the highest average salary advertised in SEEK job ads last financial year, at $99,236. It topped the list of major cities and regions in SEEK’s City Spotlight research, followed by Port Hedland, Karratha and Pilbara ($98,027) and Canberra ($85,819).

What jobs pay well in NZ?

15 Best highest paying jobs in NZ

S No Jobs Salary Range
1 Information Technology Manager NZ$107,000 – $150,000 per year
2 Building and Construction Manager NZ$95,000 – $170,000 per year
3 Information Technology Architect NZ$112,000 – $155,000 per year
4 Marketing Manager NZ$80,000 – $200,000 per year

How much money do you need to live comfortably in New Zealand?

However, its natural beauty comes at a high price. The average cost of living in New Zealand is not so attractive. In fact, a family a four spends around 6,000 NZD to 8,000 NZD (3,600 to 4,800 USD) per month.
Cost of Living in Hamilton.

Single expat 1,300 NZD 780 USD
Family of four 4,800 NZD 2,900 USD

What are the disadvantages of living in New Zealand?

Cons of Living in New Zealand

  • Everything Costs More in New Zealand.
  • It’s Far From Everywhere for Travel.
  • Their Houses Aren’t Well Built.
  • Public Transport is Extremely Limited.
  • It’s Difficult to Find Work.
  • Cost of Living is High.
  • Earthquakes are a Reality.
  • While New Zealand is Hugely Multi-Cultural, They Can Also Be Racist.

What is upper class in NZ?

Stats NZ data shows that to be in the top 1 per cent on an individual level in New Zealand, you need to have assets of $3.89 million. To be in the top 5 per cent, you need to clear $1.4m. On a household level, you get to 1 per cent with combined assets of $7.8 million.

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Why are houses in NZ so expensive?

Capital is attracted to a non-productive (in respect to current housing stock) sector. High levels of household indebtedness constrain spending and/or other investment.

What is considered good salary in Australia?

Anyone earning $180,000 would definitely be one of the country’s highest paid workers. The large majority of workers (about 75 per cent) earn less than $78,624 a year before tax. Around 25 per cent of employees earn less than $660 per week, and around 50 per cent of employees earn between $660 and $1512 per week.

Is New Zealand a good place to work?

If you have the right skills and experience, it’s always a good time to look for work in New Zealand. Unemployment is low at 4.3%. There are currently plenty of job openings in industries such as engineering, IT and medicine – however, there are also opportunities to contribute more general skills.

Is New Zealand a good place to migrate?

It is a safe and friendly environment for families, offers great career opportunities and the possibilities for exploration and travel. The high quality of life New Zealand offers is what draws immigrants from all over the world to the country, and New Zealander’s pride themselves on welcoming newcomers.

Is Australia more developed than New Zealand?

Australians are a third richer than New Zealanders. Per capita GDP (adjusted for purchasing power parity) is NZ$48,000 in Australia compared to just NZ$36,400 in New Zealand.

Can New Zealand citizens live in Australia?

Most NZ citizens can visit, live and work in Australia without applying for a tourist or work visa. NZ permanent residents need to apply for visas to Australia.

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Is it better to study in Australia or New Zealand?

Irrespective of courses such as Medicine, Engineering, Law or Journalism and Media, New Zealand has qualified and top-ranking institutions across the country. Australian institutions are more extensive and support a vast number of international students every year.

Which state in Australia pays the most?

New South Wales is the most consistent performer in wealth and income, and the only other state to have both income and wealth about the national average (12% on income and 13% on wealth).

Which are the highest paying state in Australia?

Workers in Capital Territory are Australia’s highest paid workers while Tasmania has the lowest average salary.

What is the name of the richest city in Australia?

During this “land boom”, Melbourne reputedly became the richest city in the world, and the second-largest (after London) in the British Empire.

Filed Under: Australasia

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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