16–17

Mountain View row · ages 12 to 21

Five economic considerations

Learner licence

Learner permit, logbook hours and driving lessons cost money before a car does.

Part-time work

Weekend and after-school shifts pay junior rates that rise with each birthday.

First savings goal

Saving for a car, a trip or a laptop builds the savings habit.

Forms and files to look for

  • Learner permit (state transport authority)
  • Tax return for a first job (ATO)
  • School-based apprenticeship information

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 16–17. 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 16–17 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

A part-time job is likely needed to pay for the car, the phone and some school costs. Lessons may be shared with a supervising family driver.

~ $100,000 a year

Middle income

Work pays for fuel and outings, while the family helps with lessons and insurance. A savings goal is set for a first car.

~ $200,000 a year

Higher income

A car may be gifted or heavily subsidised. Study pathways can include private tuition, exchange years or interstate boarding.

Back to Economic life stages