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PBO
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Posts: 1,032
Join Date: Jul 2008
Location: Sydney
01.13.2011, 04:57 PM

Quote:
Originally Posted by Arct1k View Post
Need to add in state taxes and property taxes which I'm guessing are higher in the USA.
There's more;

-Australian employers are required to make compulsory minimum 9% superannuation payments based on a 38hr week

-Most industry awards require overtime payments (1.5 x hourly pay rate) after 38 hrs worked

-Most industry awards incorporate penalty rates, allowances etc for respective tasks or situations

-Govt income tax rebates calculated on variable criteria

However as BIG-block mentioned cost of living needs to be applied also;

Sydney (for example) is apparently the 17th most expensive city
San Fran is the 95th
NYC is the 33rd

(http://www.xpatulator.com/outside.cfm?page=Locations internet compilation + ranking of 300 international cities)

I know for sure the cost of living will increase sharply in the next few weeks as we pay more for fresh food after the floods. Retailers win - farmers + consumers get screwed


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