Where does a mortgage advisor salary sit against the Australian full-time average?
If you work as a mortgage advisor in Australia, you might wonder how your pay compares to the national average. The Australian Bureau of Statistics (ABS) does not publish a specific average salary for mortgage advisors, but we can use broader benchmarks to get a sense of where this occupation typically lands.
The national full-time average
The ABS Average Weekly Earnings survey for May 2026 shows that full-time adult ordinary time earnings averaged $2,083.70 per week. That works out to about $108,352 a year (multiply by 52). This is the figure this site uses as its reference line. For men, the average is higher at $2,181.00 per week ($113,412 a year), and for women it is $1,934.50 per week ($100,594 a year).
These averages include all full-time adult workers across every industry. They are not medians, so they can be pulled up by very high earners. The median full-time salary is lower: about $90,532 a year, according to the ABS Employee Earnings and Hours survey from August 2025. The median for all employees (including part-time and casual) is $74,100 a year.
Mortgage advisors and industry context
Mortgage advisors typically work in the financial and insurance services industry. The ABS does report average weekly earnings for broad industries, but the latest release does not include a figure for financial services in the snippet. However, we know that the all-employees average weekly total earnings across Australia is $1,579.20 ($82,118 a year), and the full-time average is $2,083.70. Mortgage advisors who are full-time and experienced may earn close to or above the full-time average, especially if they receive commissions.
Because many mortgage advisors are self-employed or work on a commission basis, their incomes can vary widely. Some may earn well above the average, while others just starting out may earn closer to the minimum wage. The national minimum wage from 1 July 2026 is $26.44 per hour, or $1,004.90 per week on a 38-hour week, which is $52,255 a year. Award minimums for financial services employees rose by 4.75% from that date.
State-by-state comparison
Where you work also matters. The ABS provides state and territory averages for full-time adult ordinary time earnings. Here are the annualised figures (from the on-site notes):
- New South Wales: $109,658
- Victoria: $106,137
- Queensland: $106,064
- South Australia: $102,450
- Western Australia: $115,825
- Tasmania: $96,008
- Northern Territory: $103,173
- Australian Capital Territory: $119,090
Mortgage advisors in Western Australia or the ACT may have higher earning potential, while those in Tasmania may earn less on average. You can explore more on our States and territories page.
How your take-home pay is affected
Your gross salary is not the whole story. For the 2026–27 financial year, the ATO tax rates are:
- Nil tax on income up to $18,200
- 15% on income from $18,201 to $45,000
- 30% on income from $45,001 to $135,000
- 37% on income from $135,001 to $190,000
- 45% on income above $190,000
Plus a Medicare levy of 2% (with possible reductions for low-income earners). So if a mortgage advisor earns $90,000 a year, they would pay about $20,467 in tax and Medicare, leaving around $69,533 after tax.
Where to find more detail
If you want to see how your own salary compares, you can Place a salary on the line and see the distance from the national full-time average. For a broader view of pay across different jobs, visit our Job medians page. Industry-specific medians are available on the Industry medians page.
The bottom line
While there is no official ABS figure for a mortgage advisor salary, the evidence suggests that full-time mortgage advisors typically earn somewhere between the all-employees median ($74,100) and the full-time average ($108,352). Those with strong commission or experience may exceed the average. The best way to know where you stand is to compare your actual salary against the national benchmarks using the tools on this site.