From 1 July 2022, Australia’s Fair Work Commission has increased the fair work high income threshold from $158,500 to $162,000.
Fair work high income threshold is also used as tool to assess an applicant’s eligibility for applying for the Global Talent Visa. The applicants for the Global Talent Visa should be able to prove that they are currently earning a salary equivalent to or higher than Australia’s Fair Work High Income Threshold or that they have the ability to attract a salary at or above the Fair Work high income threshold, which is now $162,000.