Australian Prime Minister Anthony Albanese will soon replace U.S. President Joe Biden as the third-highest-paid world leader, following the latest pay rise for all federal politicians.
On June 17, the independent Remuneration Tribunal announced a 3.5 percent salary increase for federal public officers effective July 1, 2024. This follows a 4 percent increase in 2023 and a 2.75 percent rise in 2022.