Oscar Piastri salary and the Australian full-time average
Oscar Piastri is an Australian Formula 1 driver for McLaren, but his exact salary figures are not published by official Australian sources such as the ABS, Fair Work, or the ATO. Without a confirmed public figure from these sources, we cannot place his pay on the line. However, we can use the national full-time average as a reference point to understand how a top-tier athlete's earnings would compare.
The national full-time average: your reference line
According to the ABS Average Weekly Earnings survey for May 2026, the national full-time adult average weekly ordinary time earnings are $2,083.70 per week. Multiplied by 52 weeks, that is about $108,352 per year. This is the line used on this site. Men's full-time ordinary time average is about $113,412 per year, and women's about $100,594 per year.
For comparison, the full-time median weekly earnings for all employees are lower: about $1,436 per week (about $74,100 per year), and the full-time median is about $1,674 per week (about $90,532 per year (ABS Employee Earnings and Hours, August 2025).
How a high salary would sit against the line
If Oscar Piastri's salary were, for example, in the millions, it would sit far above the national average. The Australian tax system for 2026–27 has progressive rates: nil up to $18,200, 15% from $18,201 to $45,000, 30% from $45,001 to $135,000, 37% from $135,001 to $190,000, and 45% above $190,000. Plus a 2% Medicare levy (before reductions). A driver earning millions would pay the top marginal rate of 47% on most of their income. But without a confirmed figure, we cannot calculate take-home pay.
State and territory variations
Full-time average weekly earnings vary across Australia. The on-site notes show:
- New South Wales: about $109,658 per year
- Victoria: about $106,137
- Queensland: about $106,064
- South Australia: about $102,450
- Western Australia: about $115,825
- Tasmania: about $96,008
- Northern Territory: about $103,173
- Australian Capital Territory: about $119,090
These are averages, not medians. A high earner like a Formula 1 driver would exceed all state averages. For more detail, see States and territories.
Minimum wage context
The national minimum wage from 1 July 2026 is $26.44 per hour, $1,004.90 per week on a 38-hour week, about $52,255 per year. Award minimums rose 4.75%. This is less than half the full-time average. Oscar Piastri's salary, if known, would be many multiples of the minimum wage.
Why we cannot confirm the figure
Official Australian sources do not publish individual salaries. The ABS collects aggregate data. Fair Work sets minimums. The ATO handles tax returns confidentially. Oscar Piastri's salary is likely reported in international media but not in any Australian government dataset. Therefore, we cannot give a precise number or place it on the line.
Using the line for your own salary
If you want to compare your own pay to the national full-time average, you can Place a salary on the line. The tool accepts a yearly salary before tax and shows the weekly and hourly equivalent on a 38-hour week, plus the distance from the average. You can also explore Job medians and Industry medians for more context.
Summary
Oscar Piastri's salary is not available from the ABS, Fair Work, or the ATO. The national full-time average of $108,352 per year provides a benchmark. A top Formula 1 driver would earn far above this, but without an official figure, we cannot calculate the exact distance. For more on how the figures are set, see How the figures are set and About this site.