Noted that Air Niugini is not an Australian Airline, but there are many Aussies working up there, and a lot of its recruitment is directed at Australian pilots, so ANG is relevant in the thread (IMHO anyway)
(The Contracted salary and tax rates are in PGK (KINA) but paid in $AUD at the exchange rate of the day. All these figures are in $AUD having been converted at an indicative exchange rate of .40c. If the exchange rate goes up you get more, if it goes down you get less AUD. The exchange rate today is .41c)
SALARY
DH8 Captain $110,295 First Officer $47,063
400 Captain $122,088 First Officer $74,949
F100 Captain $143,958 First Officer $99,955
737 Captain $163,544 First Officer $107,746
767 Captain $174,135 First Officer $127,072
SUPERANNUATION
Nil
TAX
PNG Kina Tax figure converted to $AUD at .40c.
Tax on $28,000 is $8,564 then 40% on every dollar over $28,000 up to $99,999.
Tax on $100, 000 is $37,364 and the 42% on every dollar over $100,00.
Eg: 737 Captain will GROSS $163, 544, pay TAX of $64, 052 and NET $99,492 ($AUD8,291 / $USD6,316 per mth) without any super paid by the Company.
To put the salary into perspective: Using the figures quoted at Post 213 and the online ATO tax calculator, the ERJ 135 Captain will net $AUD 88,913 and receive $12,000 in super, a total package to $100,913 ($1,421 pa more than the PX B737 Captain).
Last edited by NCD; 6th Aug 2016 at 01:33.