In right now’s Macro Insights Podcast, Ken Raiss and I study who actually pays tax in Australia, and the outcomes might shock you.

We additionally share what the typical wage and superannuation steadiness in Australia is, and I guess these figures will shock you.

We additionally focus on the most recent assertion from APRA about its 3% mortgage evaluation buffer we are going to inform you what time of the week you’re almost definitely to get scammed?

As someone enthusiastic about rising your wealth or property, there will likely be heaps within the present for you.

Takeaways

• Australian Taxation Workplace’s 2022–23 tax return snapshot (roughly 16.1 million lodgements) to color a portrait of the “common 100 Australian.
• Out of these 100 Australians, 21 pay no revenue tax in any respect. None. Zip.
• In the meantime, simply 3 people contribute practically 30% of all web revenue tax. Add within the subsequent 6, and also you’re as much as practically 50%. And the subsequent 30 take it to virtually 90%.
• So 39 Australians (out of 100) are footing virtually the complete tax invoice.
• The common tremendous steadiness is round $173,000; the median is simply $60,000. What does that inform us?All eight capital cities recorded home value progress within the June quarter.
• Westpac reveals the time of day you’re almost definitely to be scammed is Tuesday afternoon.

Hyperlinks and Assets:

Reply this week’s trivia query here- www.PropertyTrivia.com.au
• Win a tough copy of Michael Yardney’s Information to Investing Efficiently
• Everybody wins a replica of a totally up to date property report – What’s forward for property for 2026 and past.

The FirstLinks article talked about within the present https://www.firstlinks.com.au/100-aussies-seven-charts-on-who-earns-pays-and-owns

Michael Yardney
http://michaelyardney.com/

Get the workforce at Metropole Wealth Advisory create a Strategic Wealth plan on your wants Click on right here and have a chat with us
https://metropole.com.au/
https://wealthadvisory.metropole.com.au/

Ken Raiss, Director of Metropole Wealth Advisory
https://metropole.com.au/skilled/expert-ken-raiss/

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Additionally, please subscribe to my different podcast, Demographics Decoded with Simon Kuestenmacher – simply search for Demographics Decoded wherever you’re listening to this podcast and subscribe so every week we will unveil the tendencies shaping your future. Or click on right here: https://demographicsdecoded.com.au/