How Much Money Does The Australian Prime Minister Make The base salary for an Australian politician was increased to 211 250 per annum on 1 July 2019 Politicians can earn additional income for taking on extra responsibilities such as acting as a whip or chairing a committee This income is paid in proportion pro rata to the office holder s period of service during the year
Australia s former prime ministers also have access to a slew of benefits under the Members of Parliament Life Gold Pass Act of 2002 including travel and office staff as well as an annual pension Here s a look at the salaries of the top five highest paid leaders in the world and how the Aussie PM s remuneration compares 5 Prime Minister of Australia Anthony Albanese Annual salary 549 250 Assumed office on May 23 2022 Even as Albanese strives to grant a wage rise big enough to cover inflation the new Australian PM will be paid
How Much Money Does The Australian Prime Minister Make
How Much Money Does The Australian Prime Minister Make
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Prime Minister Anthony Albanese now earns 564 360 a year up from 549 250 last year That s more than 10 times the median Australian salary and puts him fifth in the entire world for highest The Deputy Prime Minister also lands a decent chunk of cash annually with their additional percentage of base salary sitting at 105 per cent Following the same math we just did the Deputy Prime
Australia s highest paid chief executive is paid more 50 times more than the Prime Minister Macquarie Group chief executive Shemara Wikramanayake was reportedly paid 30 4m last year Prime Minister 160 Deputy Prime Minister 105 Treasurer 87 5 Leader of the Government in the Senate 87 5 Leader of the House 75 Other Minister in Cabinet who is also Manager of Government Business in the Senate 75 Other Ministers in Cabinet 72 5 Other Minister who is also Manager of Government Business in the Senate 67 5
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The 4 per cent lift is above wage increases in public and private sector jobs Based on the determination Prime Minister Anthony Albanese s salary will increase from 564 356 to 586 930 and When acting Prime Minister the Deputy Prime Minister is paid the same rate of salary per annum payable to the Prime Minister The Ministers of State Act 1952 sets the maximum number of ministers and appropriates monies for payment of ministerial salaries This Act was amended in 2000 to include Parliamentary Secretaries
And they top the wage of Prime Minister Scott Morrison whose base salary as a member of parliament of 211 250 When added to his 160 per cent loading as prime minister his salary is just shy of Sep 02 2019 12 The Australian reports this morning that a number of federal MPs and senators who lost their seats at the last election were eligible to claim a total of 1 3 million in
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How Much Money Does The Australian Prime Minister Make - Prime Minister 160 Deputy Prime Minister 105 Treasurer 87 5 Leader of the Government in the Senate 87 5 Leader of the House 75 Other Minister in Cabinet who is also Manager of Government Business in the Senate 75 Other Ministers in Cabinet 72 5 Other Minister who is also Manager of Government Business in the Senate 67 5