Right now I'm paying 31% taxes out of my $15.79 base pay rate. (Edit: this will probably be reduced if I become a resident for tax purposes.)
(Base pay + superannuation + unused holiday pay) - (taxes + meal deductions) = $10.89/hr
Significantly reduced. Not sure if residency differs from citizenship, but the first $18,000 you earn is tax-free, then 19% between 18,000 and 37,000, then 32% up to $80,000 (followed by 37% up to 180,000 and 45% from there on). Source
This averages out to something like 7.5% overall? Pretty decent! What's involved in becoming a resident?
This is the public group instrumental rationality diary for the week of July 9th. It's a place to record and chat about it if you have done, or are actively doing, things like:
Or anything else interesting which you want to share, so that other people can think about it, and perhaps be inspired to take action themselves. Try to include enough details so that everyone can use each other's experiences to learn about what tends to work out, and what doesn't tend to work out.
Thanks to everyone who contributes!
Academian put up a wiki page with links to the prior May and June threads for reference. Good idea, thanks!