Australian Economic Quiz
Authored by Hannah Maughan
Business
10th Grade
Used 2+ times
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the new National Minimum Wage in Australia from 1 July 2024?
$850.00 per week
$915.90 per week
$900.50 per week
$920.00 per week
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By what percentage did the award minimum wages increase?
2.5%
3.74%
4.0%
5.1%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which city has the highest median house rent in 2024 according to the data?
Melbourne
Brisbane
Sydney
Adelaide
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the tax rate for a taxable income between $45,001 and $135,000 in Australia for 2024-25?
$4,288 plus 30c for each $1 over $45,000
$31,288 plus 37c for each $1 over $135,000
16c for each $1 over $18,200
$51,638 plus 45c for each $1 over $190,000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the median income in Australia last year according to Stimulus E?
$45,000
$51,000
$55,000
$60,000
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many greatest need households were on the waiting list for public housing at June 2022?
68,000
43,200
7,100
3,800
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In 2023, what would be the equivalent amount for a household that spent $1000 per week on housing costs in 2000?
$2,377.06
$1,500.00
$3,000.00
$2,000.00
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