Member of parliament salary in Australia
Member of parliament in Australia earns a median of $224,301 a year, about $113.51 an hour.
What that is worth in US dollars
The first number is what the salary converts to if you moved the money. The second is what it actually buys in Australia. When those two disagree, the second one is the one that tells you how well someone lives on this wage.
How Australia measured this
Individual tax returns — includes part-year and part-time filers
Source: Australian Taxation Office, Taxation Statistics 2023-24, Table 15 · CC BY 4.0
What this salary borrows
On the rough serviceability multiple lenders use, someone earning $224,301 could borrow around $1,233,656 on their own, or about $2,467,311 on two incomes like it. That is a starting point, not an approval — your deposit, debts and the rate at the time move it a long way.
Check that against how suburb medians are modelled →
Borrowing capacity shown at 5.5× income, before deposit. Not lending advice.
Related occupations in Australia
- Corporate general manager $99,103
- Chief executive officer $80,000
- Commissioned officer - defence - senior $130,080
- Councillor $69,101
- Legislator - other $110,203
- Company director - type not specified $119,999