I live and work in Australia and I've been offered a contract that pays $1000 a day (including super) and the contract says I would be paid weekly.
I've always used http://www.paycalculator.com.au/ to calculate my take home pay and I punched in $1000 a day (5 days a week) and it breaks down what I take home as:
Weekly: $2,906.21 (total tax: $1,660.00) Fortnightly: $5,812.42 (total tax: $3,320.00) Monthly: $12,593.91 (total tax: $7,193.00)
I'm not sure why but if I multiply my weekly pay x 4, I end up with less than what I would earn if I get paid monthly. Why is this? Would it be more advantageous if I asked to be paid monthly?