What is the level of an annual salary of 120,000 Australian dollars in Australia?

The annual salary of 120,000 Australian dollars is considered a medium level in Australia.

Australia is a relatively economically developed country, with an annual salary of A$120,000 exceeding the country’s average income level. According to the Australian Bureau of Statistics, the average full-time job income in Australia in 2019 was A$78,000 per year. Therefore, an annual salary of A$120,000 can be said to be above average and exceeds the income level of most people. This income level allows people to have certain economic stability in Australia, be able to meet basic living needs, and have certain spending power. However, it should be noted that the cost of living in Australia is relatively high, especially in big cities such as Sydney and Melbourne, so personal consumption habits and lifestyle will also have an impact on the perception of this income level. Generally speaking, an annual salary of A$120,000 can be considered a middle-level income in Australia.