Australia’s 1.9 million migrant taxpayers generated $112.3 billion in total personal income in 2016-17 according to figures released by the Australian Bureau of Statistics (ABS) today.
ABS Migration and Small Population Insights Director, Jenny Dobak said most of this migrant income ($102 billion, or 91 per cent) was earned by employees.
“With new data for 2016-17 now available, we have a better understanding of the personal income earned by migrants,” she said.
“For example the data shows the median employee income of all migrant taxpayers in 2016-17 was $49,438, which was slightly higher than the median employee income for all Australian taxpayers ($49,412)”.
Skilled migrant taxpayers
The 2016-17 data shows that 61 per cent of migrant taxpayers held a skilled visa and they reported $81 billion in total personal income, an increase of 5.8 per cent in real terms on 2015-16.
“We also know that migrants from the skill steam had the highest median employee income of migrant taxpayers ($59,304)” said Ms Dobak.
Family migrant taxpayers
Migrant taxpayers with family visas reported $25 billion in total income, and were most commonly born in the United Kingdom (13 per cent) and China (12 per cent).
Humanitarian migrant taxpayers
The data also showed that migrants with humanitarian visas reported $3.4 billion in total income and had a median employee income of $32,792, below the Australian taxpayer median employee income ($49,412).
However, humanitarian migrant taxpayers had the highest median own unincorporated business income of migrant taxpayers ($16,852).