The Social Security Rate in Australia stands at 11.50 percent. source: Australian Taxation Office

Social Security Rate in Australia averaged 11.04 percent from 2009 until 2021, reaching an all time high of 11.50 percent in 2016 and a record low of 10.50 percent in 2010. This page provides - Australia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Social Security Rate - values, historical data and charts - was last updated on December of 2021.

Social Security Rate in Australia is expected to reach 12.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Social Security Rate is projected to trend around 12.00 percent in 2022, according to our econometric models.

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Australia Social Security Rate


Related Last Previous Unit Reference
Corporate Tax Rate 30.00 30.00 percent Dec/21
Personal Income Tax Rate 45.00 45.00 percent Dec/21
Sales Tax Rate 10.00 10.00 percent Dec/21
Social Security Rate 11.50 11.50 percent Dec/21
Social Security Rate For Companies 9.50 9.50 percent Dec/21
Social Security Rate For Employees 2.00 2.00 percent Dec/21
Australia Social Security Rate
In Australia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Australia because they help to pay for many social programs including welfare, health care and many other benefits.