.png)
* Playroll continues to analyse immediate opportunities and fulfilled roles by recruitment partners, contractors and employers to identify in-demand jobs.
Australia, ranked 14th in global GDP, has sustained economic growth for two decades. Its economy, fueled by a robust international trade presence (42% of GDP), is supported by abundant resources, a secure financial system, and advanced digital infrastructure.
The country prioritises research and development, with investment exceeding GDP by two percentage points. Seven universities in Australia rank among the top 100 globally, contributing to a highly educated workforce that benefits businesses worldwide.
Australia's strategic time zone positioning facilitates collaboration with global teams, especially for remote workers. Emphasis on a healthy work-life balance enhances motivation and productivity.
With a stable political and economic climate, Australia assures businesses of a talented and dependable workforce due to its high standard of living. This makes the country an attractive destination for those seeking skilled professionals.
In Australia, there is a distinction between fixed-term and permanent employment contracts under the law. It is considered standard practice to provide written employment contracts to employees to outline basic terms of of employment, such as:
In Australia, the standard probation period is 6 months. However, for companies with less than 15 employees, this period is extended to 12 months. While there is an option to reduce the minimum probation period, doing so means forfeiting the benefits associated with a standard probation period.
An employee's weekly work hours are 38 hours maximum, unless the employer requests them to work additional reasonable hours.
Overtime compensation varies depending on the award, agreement, or contract. Nevertheless, certain contracts or agreements may specify instances where employees receive extra time off instead of overtime pay.
The national minimum wage is established annually by the Fair Work Commission (FWC), which becomes effective after July 1.
There are no legal provisions for 13-month salaries in Australia.
Australia determines individual income tax through a progressive rate system. Other factors, including household status, the number of children, location, age, and marital status, can influence the overall tax rates.
Australia's pension system consists of various types, including old-age pension, person pension, and public pension. Employers must contribute a minimum percentage of their employees' earnings to superannuation, currently set at 11%, gradually increasing to 12% by 2025. Failure to comply results in a superannuation guarantee charge.
The tax-related information provided in this guide is intended for general guidance and informational purposes only. Reach out to our dedicated team for insights on remote hiring in Australia tailored to your needs.
In Australia, terminations must be justified, and employers cannot engage in at-will termination outside the probation period. Acceptable grounds for termination include:
In the absence of an award, agreement, or specific clause in your contract, the Fair Work Act sets out minimum notice periods based on an employee's length of service:
Severance pay depends on the duration of an employee’s service, and the payment rate corresponds to the regular hours worked:
The Australian Fair Work Act designates 8 public holidays, but additional holidays may be added or substituted by states or territories. Public holidays that fall on weekends are observed on the corresponding non-weekend day:
Australia does not have social security taxes, but residents contribute to Medicare through a 2% levy on taxable income and reportable fringe benefits. Those with income below specific thresholds are exempt. High-income taxpayers without registered private health insurance may face a surcharge of 1% to 1.5%. Employers must contribute 11.5% of employees' earnings to superannuation (to increase to 12% on 1 July 2025), with exceptions subject to a superannuation guarantee charge.
At Playroll we're all about empowering employees to work anywhere, making mobility possible for global teams. We sponsor visas and hire the employee for you, so you don’t have to worry about payroll, taxes, and more.
It's important to note, visa support can be complicated and each country has different requirements and legislation. As of August 2024, non-Singapore entities that want to employ an individual in Singapore who is not a Singapore national or permanent resident may no longer use an Employer of Record (EOR) to sponsor that individual for a work permit. Contact our experts for help on how to navigate global employment in Singapore.
Legal and compliance experts are readily available to provide guidance and case-by-case Q&A support.
By leveraging dedicated support from in-house legal and compliance experts for case by case questions and more.
Acquiring a visa without an entity has never been easier, leverage Playroll's global coverage to sponsor and hire employees.
.webp)
Access a free set of tools to navigate international hiring across 180+ countries, while staying up to date on hiring news with global insights into the changing employment landscape from Playroll.
.png)
