Workers in the mining industry enjoy the highest median employment income while those in the accommodation and food industries have the lowest, according to new Australian Bureau of Statistics (ABS) data
The ABS' latest personal income figures, released on Friday, show the median annual income in mining was $149,362, followed by electricity, gas, water and waste services at $105,158.
Accommodation and food services had the lowest median employment income at $22,270 per year and arts and recreation services at $37,057.
Where are Australians getting their incomes from?
The data, which draws on incomes from the 2022-23 financial year, showed total personal pre-tax income across the country was $1.3 trillion.
While employment was the main source of income for most Australians, more people are getting income from investments. Almost 12 per cent of the population is earning investment income, up from 11 per cent in the 2021-22 financial year.
However, fewer people are getting income from their own businesses — it's dropped from 6.7 per cent to 6.5 per cent.
Which Australian states have the highest median income?
Workers in the Australian Capital Territory have the highest median total income at $75,643, followed by the Northern Territory at $66,831 and Western Australia at $62,207.
It was the lowest in Tasmania at $53,479.
The national personal median income was $58,216.
Source: SBS News
This was followed by Walgett in northern NSW (45 per cent of income received by top 10 per cent of earners) and Flinders in north-west Queensland (37 per cent of income received by top 10 per cent of earners).
The median income in Walgett in 2022-23 was $43,197 a year, and in Flinders $56,165 a year.
Who has the highest incomes?
Middle-aged Australians (aged 45-54) received the highest median total income at $80,926, followed by those aged 35-44 years at $77,912.
Younger Australians — aged 24 years and under — had the lowest at $23,840.
In every age group, men enjoyed higher median incomes compared with women.
In the 35-44 years age range, for example, men earned a median income of $92,266 a year compared with $64,602 for women.
In the 45 to 54 years age range, it was $95,400 for men and $68,570 for women.
Migrants to Australia received over $300 billion in income
Australia's 4.4 million migrants, both temporary and permanent, generated $324.7 billion in total personal income.
Almost half of that income — $153.4 billion— was received by 1.6 million skilled migrants.
Those on humanitarian visas received $8.6 billion in income.
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