How much do you need to earn to feel rich?

australian dollar

Credit: Public Domain

The average Australian needs to take home about $346,000 to feel rich — almost $10,000 more than a year ago.


KEY POINTS
  • Financial comparison website Finder surveyed 1,032 adults and found they would need to earn $345,819 a year to feel well-off.
  • Some generations say they would need to earn thousands of dollars more than they did a year ago to feel affluent — but for others, it's less, according to a new survey.
  • Its more than five times Australia's $67,600 median annual salary, according to the latest Australian Bureau of Statistics (ABS) data. In 2023, half of the nation's workers earned less than this while the other half earned more.
LISTEN TO THE PODCAST
banter feeling rich image

How much do you need to earn to feel rich?

SBS Filipino

17/01/202405:26

Share
Follow SBS Filipino

Download our apps
SBS Audio
SBS On Demand

Listen to our podcasts
Independent news and stories connecting you to life in Australia and Filipino-speaking Australians.
Understand the quirky habits of Aussie life.
Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS
SBS News in Filipino

SBS News in Filipino

Watch it onDemand