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In its Report on Ministers of State - Salaries Additional to the Basic Parliamentary Salary, the Remuneration Tribunal of the Commonwealth of Australia reported that the rate of pay of a prime minister should be 160% higher than the base pay for a member of the House of Representatives.

As of December 2011, the Prime minister of Australia (currently Julia Gillard) awarded herself a pay rise, taking her salary to $481 000 per annum. Her previous salary was $367 000.

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