14–15

Mountain View row · ages 12 to 21

Five economic considerations

First casual job

Many states allow work from 14 or 15 in set roles, paid at junior rates.

First bank account

A youth account, a debit card and a Tax File Number so tax is not withheld at the top rate.

Own phone and plan

Handset, plan and accessories are usually still paid by parents.

Spending money

Clothes, food and social outings start to come from own earnings.

Forms and files to look for

  • Tax File Number application (ATO)
  • Young workers guide (Fair Work)
  • State work-permit rules for under-16s

Search these names on the department sites below. Links go to each department's home page.

Research snapshot

Figures from published research for the age groups that cover 14–15. Sources often publish wider age groups, so the group shown is the one that includes these ages. They describe groups of people, not any one person. Checked 23 October 2026.

Dollar figures are in the dollars of the year shown. Average and median are not the same: the median is the middle value. Not financial advice.

Videos

Video for ages 14–15 coming soon.

Three income scenarios

Illustrative gross incomes: lower about $50,000, middle about $100,000, higher about $200,000 a year. For ages under 18, read these as household incomes. For retirement ages, read them as lower, middle and higher income and savings. They are examples, not official brackets.

~ $50,000 a year

Lower income

Casual work may help cover school costs and the phone bill. Family income can affect eligibility for school-related support.

~ $100,000 a year

Middle income

Earnings are mostly the teenager's own spending money. A bank account with a parent is used to build a first savings habit.

~ $200,000 a year

Higher income

Work may be about experience rather than need. Tutoring, camps and an upgraded phone are usually funded by the family.

Back to Economic life stages