Up To 12% - Medicare
9.5% - Pension Fund
19% - AUD 18,200 - 37,000
32.5%% - AUD 37,000 - AUD 90,000
37% - AUD 90,000 - AUD 180,00
45% - AUD 180,000 and over
The hourly minimum wage in New South Wales is 19.49 AUD or 740.80 AUD per week.
Expats are entitled to benefits called “Living Away From Home Allowance” which includes recovery of domestic expenses, other costs as part of salary at a tax free rate and tax reduction on holidays with family. However, to be eligible, the expat must be relocated to Australia for a specified amount of time with intent to move back to their home country afterward. Additionally, their house in their home country must remain available and not rented during the time in Australia.
Paid Time Off
Employees are entitled to 20 work days of leave per year and is accrued from the first day of employment. It is possible to roll over unused vacation days at the end of the year.
Also known as personal/carer’s leave. Sick leave can also be taken for family emergencies or in the even that the employee must provide care for a member of their immediate family. Employees are entitled to 10 days of paid sick leave a year and the balance can carry over to the following year.
Parental leave includes maternity and paternity leave, as well as leave for when a child is adopted. To be eligible, an employee must have completed at least 12 months of employment.
Parental leave is an unpaid leave that lasts for 12 months, and it is possible to request an additional 12 months from the employer.
In New South Wales, the State Insurance Regulatory Authority (SIRA) is the body responsible for regulating workers compensation.
Every employer must have workers compensation insurance, and the employer must notify them with any work injuries within 48 hours of the incident.
If the employee is absent for more than 7 days, they must choose a preferred doctor for treatment (usually the family doctor).
A certificate of capacity must be filled out by the doctor (instead of a medical certificate) with recommendations of what the employee needs in order to recover. This must be signed by the employee so that it may be shared with the employer.
An employer may not dismiss an employee within 6 months of them being in a work accident.
GST is 10%.
Mandatory occupation pension (Superannuation) is comprised of funds from the employer and government.
• Employer – 9.5% of employees earning
• Government - depends on employees’ annual income.
In New South Wales, the employer must have a valid and just reason for terminating an employee and is required to give the employee written notice.
In NSW, notice period is determined by the amount of time the employee has been employed:
Length of employment
Less than 1 year
If the employee is over the age of 45 years and have been employed for at least 2 years, they are entitled to an additional week of notice.
Payment is given based on continuous period of service, and pay rate is given for ordinary hours worked.
At least 1 year but less than 2 years 4 weeks
At least 2 years but less than 3 years 6 weeks
At least 3 years but less than 4 years 7 weeks
At least 4 years but less than 5 years 8 weeks
At least 5 years but less than 6 years 10 weeks
At least 6 years but less than 7 years 11 weeks
At least 7 years but less than 8 years 13 weeks
At least 8 years but less than 9 years 14 weeks
At least 9 years but less than 10 years 16 weeks
At least 10 years 12 weeks*
In NSW, employees get paid weekly, bi-monthly or monthly.
There are no legal requirements to when an employee needs to be paid by, however, it is common to pay employees by the following schedule:
- Monthly – by the 28th to the 30th of the month
- Bi-weekly – every second week on any agreed day (usually Wednesday or Thursday)
Bi-monthly – Every 15th and 30th
A full work week in NSW is 38 hours a week, or 8 hours a day.
In general, overtime is paid at a rate of 150% of the regular pay for weekdays and 250% for weekends and holidays.
If an employee makes $47,916 per month, they must contribute 4.85% of their salaries.