HomeGuides

George Russell salary: How does it compare to the Australian full-time average?

George Russell's exact salary is not available from Australian Bureau of Statistics or other official sources. The national full-time adult average ordinary-time earnings are $2,083.70 per week ($108,352 per year) as of May 2026.

This sits on the Australian full-time average.

Week, hour, and a tax sketch

$2,084 a week · $54.83 an hour if spread over 38 hours

About $83,159 after resident income tax and a 2% Medicare levy.

2026–27 resident rates and a 2% Medicare levy. Not a tax assessment.Open the full line

George Russell salary and the Australian full-time average

If you are wondering how George Russell's salary compares to what the typical Australian full-time worker earns, the short answer is that his exact figure is not available from the official sources we rely on. The Australian Bureau of Statistics (ABS) publishes average earnings for the workforce as a whole, but it does not collect data on individual athletes or celebrities. The Australian Tax Office (ATO) releases anonymised tax statistics, but not at the level of a named person. So we cannot give you a precise number for George Russell.

What we can do is lay out the Australian benchmarks. The national full-time adult average weekly ordinary-time earnings stood at $2,083.70 in May 2026, according to the ABS Average Weekly Earnings release. That is an annualised figure of about $108,352 before tax (multiplying by 52 weeks). This is the 'line' that this site uses to show how a salary compares. The median full-time employee earns less: about $1,887 per week ($98,124 per year) from the ABS Employee Earnings and Hours survey for May 2025. When you include part-time workers, the all-employees median drops to $1,436 per week ($74,672 per year).

State and territory averages

Full-time average earnings vary across Australia. The highest is in the Australian Capital Territory at about $119,090 per year, followed by Western Australia at $115,825. New South Wales is $109,658, Victoria $106,137, Queensland $106,064, South Australia $102,450, the Northern Territory $103,173, and Tasmania $96,008. These are all based on the same ABS survey and are annualised from weekly figures.

Minimum wage and tax context

The national minimum wage from 1 July 2026 is $26.44 per hour, or $1,004.90 per week on a 38-hour week, which works out to about $52,255 per year. Award minimums rose by 4.75% at the same time, as set by Fair Work. For the 2026–27 income year, the tax-free threshold is $18,200, then 15% up to $45,000, 30% up to $135,000, 37% up to $190,000, and 45% above that. The Medicare levy of 2% applies to most residents.

Where does George Russell fit?

George Russell is a British Formula One driver currently racing for Mercedes. While his salary is widely reported in motorsport media, those figures are not sourced from Australian official data. The ABS does not survey F1 teams, and the ATO does not publish individual tax returns. If we were to rely on overseas reports, his annual earnings are often cited in the range of several million dollars, but we cannot verify that from the sources we use. What we can say is that any figure in the millions would be far above the Australian full-time average of $108,352. The top 25% of full-time employees earn more than $2,560 per week ($133,120 per year), but even that is a fraction of a top athlete's pay.

Using this site

If you have a known salary figure for George Russell from a reliable source, you can place a salary on the line to see exactly how it compares to the national average, state averages, and medians. The tool uses the same ABS data and shows the weekly and hourly equivalent on a 38-hour week, plus the distance from the line. For more detail on how the figures are set, see How the figures are set.

In summary, while we cannot give a precise comparison for George Russell's salary, the Australian full-time average provides a clear benchmark. Any salary in the millions would sit well above the line, but without an official Australian figure, we leave the comparison to you.

Questions

What is the Australian full-time average salary?

The national full-time adult average weekly ordinary-time earnings were $2,083.70 in May 2026, according to the ABS Average Weekly Earnings release. That works out to about $108,352 per year before tax. This is the figure used as the 'line' on this site.

How is the average salary calculated?

The ABS surveys employers to collect earnings data for all employees. The full-time adult average is for employees who usually work 35 hours or more per week and receive ordinary-time pay. It excludes overtime and is published twice a year for May and November.

Why is George Russell's salary not in this data?

The ABS does not collect individual salaries of sportspeople or other public figures. The ATO publishes aggregate tax statistics but not individual earnings by name. George Russell's salary as a Formula One driver is not reported in any Australian official source, so we cannot provide a precise comparison.

Related guides