How much does the Prime Minister of Australia earn?

Anthony Albanese, the Prime Minister of Australia, earns approximately A$10,846 per week. This indicates an annual income of A$564,000. In contrast to him, an average working adult in Australia earns about A$812 a week. This amounts to an annual income of A$42,224. There is a stark disparity between the earnings of an average working adult and that of a politician.Adding to this, as per the recent financial review, politicians, judges and other senior public servants will get a 2.75% pay rise, which would take the Prime Minister’s salary above A$564,000 per annum. 

While politicians enjoy a pay raise, the Aussies are forced to bear the brunt of a soaring cost of living, rising mortgages along with falling wages. Their average wage has grown by a meagre 3.1% in the past year, with an inflation rate of 9.3%. 

An average Australian adult earning A$812 a week would have to work for about 694 weeks in order to reach Anthony Albanese’s annual income. Find out more about the salaries of VIPs, politicians and celebrities here.