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Aussie mum reveals $100,000 salary reality as workers have 'never been so broke'
['Thu January At Pm Gmt', 'Min Read']
Yahoo Finance - Business finance, stock market, quotes, news
(Source: Rhianna Farnan/Instagram)A Tasmanian mortgage broker has laid bare the reality of Australia’s salary “crisis” and why those earning a $100,000 income still “feel broke”.
Rhianna Farnan, COO and director at Derwent Finance, calculated that a $100,000 salary in 1990 would be worth nearly $240,000 in today’s money with inflation.
On the flipside, a $100,000 salary today would be worth roughly $42,000 in 1990 dollars.
Contact tamika.seeto@yahooinc.comRhianna Farnan says there is a reason why Aussies earning $100,000 still 'feel broke'.
(Source: TikTok/@rhiannamortgageau)$100,000 salary not enough for average Aussie houseA $100,000 salary also wouldn’t be enough to buy the average home in Australia.