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Salary and employment

Pay, packaging and employment terms that affect what you can borrow.

2 terms in this topic

Gross salary

Gross salary is the total amount an employer agrees to pay you before tax, salary sacrifice and other deductions are taken out.

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PAYG

PAYG means pay as you go: the ATO system for collecting income tax during the year, withheld from wages by an employer or paid in instalments by a business.

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