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Graduate accountant salary: how it compares to the Australian full-time average

There is no official published figure for a graduate accountant salary, but the median full-time earnings for all accountants is $2,003 per week, below the national full-time average of $2,083.70.

This sits on the Australian full-time average.

Week, hour, and a tax sketch

$2,084 a week · $54.83 an hour if spread over 38 hours

About $83,159 after resident income tax and a 2% Medicare levy.

2026–27 resident rates and a 2% Medicare levy. Not a tax assessment.Open the full line

Graduate accountant salary and the national average

If you are looking for a single, official figure for a graduate accountant salary in Australia, you will not find one published by the Australian Bureau of Statistics or Jobs and Skills Australia. The most relevant published data is the median full-time earnings for all accountants (ANZSCO 2211), which stands at $2,003 per week, or about $104,156 per year. That figure comes from the ABS Survey of Employee Earnings and Hours, May 2025, as reported by Jobs and Skills Australia.

However, that median covers accountants of all experience levels, from graduates to senior professionals. Graduate salaries are typically lower, often starting near the minimum rate under the relevant modern award or slightly above. Without a specific published graduate figure, the best approach is to compare the broader accountant median against the national full-time average.

What the data shows

The national full-time adult average weekly ordinary time earnings is $2,083.70 per week, or about $108,352 per year (ABS Average Weekly Earnings, May 2026). This is the line that this site uses as its benchmark. The median accountant earnings of $2,003 per week sit about $80 below that line. For a graduate, the gap would be wider.

To put it in perspective, the all-employees median (including part-time and casual workers) is about $74,100 per year, and the full-time median is about $90,532 per year. A graduate accountant might expect to earn somewhere between the national minimum wage and the accountant median, depending on the employer, location, and award classification.

State-by-state, the full-time average varies. For example, Western Australia has a full-time average of about $115,825, while Tasmania is about $96,008. You can explore state differences on the states and territories page.

How the national average is set

The ABS publishes Average Weekly Earnings twice a year, for May and November. The May 2026 release showed a 3.7% annual increase in full-time adult ordinary time earnings to $2,083.70. This figure is used across the site as the national line. It is an average, not a median, so it can be pulled up by high earners. The median full-time earnings are lower, at about $90,532 per year.

For comparison, the national minimum wage from 1 July 2026 is $26.44 per hour, or $1,004.90 per week on a 38-hour week, amounting to about $52,255 per year. Award minimums rose by 4.75% from that date. The Fair Work Commission maintains the Modern Awards Pay Database, which includes minimum rates for classifications under awards such as the Professional Employees Award, which may cover some accountant roles.

Where to find more

If you want to see how a specific salary compares to the national line, you can place a salary on the line using the tool on this site. For a broader view of earnings by occupation, visit the job medians page, which draws on ABS data. The industry medians page shows how different sectors compare.

Remember that the figures discussed here are before tax. For the 2026–27 income year, the resident tax rates are: nil on the first $18,200, 15% on income up to $45,000, 30% up to $135,000, 37% up to $190,000, and 45% above that, plus the 2% Medicare levy. A graduate accountant earning around $60,000 would pay about $8,467 in tax plus Medicare, leaving a take-home of about $51,533.

In summary, while there is no official graduate accountant salary, the available data suggests that a graduate would earn below the national full-time average of $108,352, and likely below the accountant median of $104,156. The exact figure depends on the employer, location, and award coverage.

Questions

What is the average salary for a graduate accountant in Australia?

The Australian Bureau of Statistics and Jobs and Skills Australia do not publish a specific figure for graduate accountant salaries. The median full-time earnings for all accountants (ANZSCO 2211) is $2,003 per week, or about $104,156 per year, but this includes experienced professionals. Graduate salaries are typically lower, often starting near the relevant award minimum or slightly above.

How does a graduate accountant salary compare to the national full-time average?

The national full-time adult average weekly ordinary time earnings is $2,083.70 per week ($108,352 per year) according to the ABS Average Weekly Earnings, May 2026. The median accountant earnings of $2,003 per week are below that average. Graduate accountants would likely earn less than the median, placing them further below the national line.

What is the minimum wage for an accountant in Australia?

The minimum wage for accountants is set by the relevant modern award, such as the Professional Employees Award. From 1 July 2026, award minimum rates increased by 4.75%, but the exact rate depends on classification and experience. The national minimum wage is $26.44 per hour ($1,004.90 per week on a 38-hour week), which may apply to some entry-level roles.

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