Finance Manager Salary Melbourne: Where It Sits Against the National Full-Time Average
If you are looking at a finance manager salary in Melbourne, the most current public figure comes from PayScale, which reports a median base salary of about $122,523 for 2026. This is based on 95 salary profiles and includes a typical range of $89,000 to $157,000. Bonuses and profit sharing can add another $2,000 to $22,000, bringing total pay to between $89,000 and $159,000. The data was last updated in September 2026.
How It Compares to the National Full-Time Average
The Australian Bureau of Statistics (ABS) publishes the national full-time adult ordinary-time average twice a year. For May 2026, that figure was $2,083.70 per week, which works out to about $108,352 per year when multiplied by 52. The Melbourne finance manager median of $122,523 is roughly $14,000 above that average. It also sits well above the all-employees median of about $74,100 and the full-time median of about $90,532 (ABS Employee Earnings, August 2025).
For context, the national minimum wage from 1 July 2026 is $26.44 per hour, or about $52,255 per year on a 38-hour week. Award minimums rose by 4.75% in the same review. A finance manager role is clearly a professional position that commands a premium over minimum rates.
State and Territory Benchmarks
Victoria’s full-time adult ordinary-time average is about $106,137 per year (ABS Average Weekly Earnings, May 2026). The Melbourne finance manager median of $122,523 is about $16,000 above the state average. Among all states, the highest full-time average is in the Australian Capital Territory at about $119,090, followed by Western Australia at about $115,825. New South Wales sits at about $109,658, Queensland at about $106,064, South Australia at about $102,450, Tasmania at about $96,008, and the Northern Territory at about $103,173.
You can compare any salary against these state averages on our States and territories page.
Gender Pay Context
The ABS data for May 2026 shows that men’s full-time ordinary-time average is about $113,412 per year, while women’s is about $100,594. The PayScale data for finance managers in Melbourne does not break down by gender, but the national gap persists across many occupations. If you want to see how your pay compares by job title, visit our Job medians page.
Tax Considerations for 2026–27
For the 2026–27 income year, the resident tax rates are: nil on the first $18,200; 15% on income from $18,201 to $45,000; 30% from $45,001 to $135,000; 37% from $135,001 to $190,000; and 45% above $190,000. The Medicare levy of 2% applies before any reductions. A finance manager earning $122,523 would fall into the 30% marginal rate bracket, with an effective tax rate (including Medicare) of roughly 24% on total income, depending on deductions and offsets.
Where the Data Comes From
The national averages used on this site are from the ABS Average Weekly Earnings survey, released for May and November each year. The medians come from the ABS Employee Earnings and Hours survey, most recently for August 2025. The minimum wage and award rates are set by Fair Work, with the latest increase taking effect on 1 July 2026. The Melbourne finance manager figure is from PayScale, a salary survey aggregator. For more on how we compile these figures, see How the figures are set.
Putting Your Own Salary on the Line
If you are a finance manager in Melbourne, you can use our tool to Place a salary on the line and see exactly how it compares to the national full-time average, the state average, and the minimum wage. The tool shows your weekly and hourly equivalents based on a 38-hour week, and calculates the distance from the $2,083.70 weekly average.
Summary
A finance manager salary in Melbourne, based on PayScale’s median of $122,523, sits comfortably above the national full-time average of $108,352 and the Victorian average of $106,137. It is more than double the national minimum wage. As with any salary data, individual offers will vary by experience, industry, and company size. For the most current award rates and minimum entitlements, refer to Fair Work’s Modern Awards Pay Database.
For a broader view of how different roles compare, visit our Industry medians page or read our Guides on salary negotiation and benchmarking.