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this post was submitted on 29 Aug 2023
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The median personal income is less than $50K when you take into account unemployed and retired and other income streams, so it’s closer to 10X of the median Australian.
I suspect you are talking about the median Jobs in Australia rather than Personal Income in Australia.
Honestly I’d rather see politician remuneration indexed to minimum wage. I suspect tying the wealth of the decision makers to the minimum wage might actually make a difference to the average Australian.
https://www.abs.gov.au/statistics/labour/earnings-and-working-conditions
won't they just be more reliant on lobbying gifts to compensate?
Maybe if a base pay of $200K isn’t enough for them they’d just leave politics altogether and make room for people who want to help their local community?
From what I can tell, MPs earn about $200,000. 200/50=4?
Fair point, I was talking about the PM’s pay. The idea that a federal politician’s value (pay is literally the way to compare your perceived value to society) is even over 4 times more than half of your countrymen is an interesting thought to reckon with.