Product manager salary in Australia: what the official data tells us
If you’re looking for a single, official “product manager salary” figure from the Australian Bureau of Statistics, you won’t find one. The ABS does not publish earnings for individual job titles. Instead, it groups occupations into broad categories. For a product manager, the most relevant groups are Managers and Professionals. This article explains how to use the national full-time average, state averages, and pay-setting methods to estimate where a product manager’s pay might sit.
National full-time average as a benchmark
The national full-time adult ordinary-time average is $2,083.70 a week, or about $108,352 a year (ABS Average Weekly Earnings, May 2026). This is the site’s line – the figure every salary is compared against. It’s an average of all full-time adults, across all industries and occupations. For context, the full-time median is lower, at about $90,532 a year (ABS Employee Earnings, August 2025), meaning half of full-time workers earn less than that.
A product manager’s salary is likely to be above the national average, but how far above depends on the industry, the company, and the state.
Occupation averages: Managers and Professionals
The ABS Employee Earnings and Hours survey (May 2025) provides average weekly total cash earnings for broad occupation groups:
- Managers: $2,800.90 a week (about $145,647 a year)
- Professionals: $2,049.60 a week (about $106,579 a year)
Product managers often sit within the Managers group, especially if they have strategic responsibilities. In tech companies, they may be classified as Professionals. The Managers average is well above the national full-time average, while the Professionals average is close to it. These are averages, not medians, and they include all experience levels and industries.
How state averages shift the line
Where you work matters. The ABS Average Weekly Earnings (May 2026) gives full-time adult ordinary-time averages for each state and territory. Here are the annualised figures (× 52):
- 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
A product manager in the ACT or Western Australia can expect a higher baseline than one in Tasmania or South Australia. These state averages reflect the overall labour market, not just one occupation, but they give a useful starting point.
See how your state compares on the line
Pay-setting methods and awards
How your pay is set also affects where it sits relative to the national line. The ABS Employee Earnings survey (May 2025) breaks down average weekly total cash earnings by method of setting pay:
- Award only: $922.20 a week (about $47,954 a year)
- Collective agreement: $1,746.10 a week (about $90,797 a year)
- Individual arrangement: $1,876.50 a week (about $97,578 a year)
- Owner manager of incorporated enterprise: $1,800.90 a week (about $93,647 a year)
Product managers are rarely on awards. Most are on individual arrangements or collective agreements. The “individual arrangement” average is close to the national full-time average, but remember that this is an average across all occupations. A product manager on an individual arrangement is likely to earn more than the all-occupations average for that method.
The national minimum wage from 1 July 2026 is $26.44 an hour, $1,004.90 a week, or about $52,255 a year on a 38-hour week. Award minimums rose by 4.75% from that date. While product managers are well above the minimum, award rates in related fields (e.g., IT support) can influence the lower end of the market.
Putting it together: estimating a product manager salary
Because the ABS doesn’t publish a product manager salary, you need to triangulate:
- Start with the national full-time average: $108,352.
- Consider the occupation group: Managers average $145,647, Professionals $106,579.
- Adjust for your state: add or subtract based on the state average relative to the national line.
- Factor in experience, industry (e.g., tech vs. manufacturing), and company size.
For example, a senior product manager in Sydney (NSW average $109,658) might be above the Managers average, while a junior product manager in Hobart (Tasmania average $96,008) might be closer to the Professionals average.
Tax and take-home pay
Once you have an estimated salary, you can work out take-home pay using the 2026–27 resident tax rates:
- $0 – $18,200: nil
- $18,201 – $45,000: 15%
- $45,001 – $135,000: 30%
- $135,001 – $190,000: 37%
- $190,001+: 45%
Plus the Medicare levy of 2% (before any reductions). A product manager earning $130,000 would pay about $30,000 in tax plus $2,600 Medicare levy, leaving around $97,400.
Conclusion
There is no single “product manager salary” in official Australian statistics. The best proxies are the Managers and Professionals averages from the ABS Employee Earnings survey. Use the national full-time average as a benchmark, adjust for your state, and consider how your pay is set. The line on this site – $2,083.70 a week – is your starting point.
For more detail, explore the occupation and industry pages, or check the guides on how the ABS collects its data.
Frequently asked questions
Q: What is the average salary for a product manager in Australia? A: The ABS does not report a specific figure for product managers. The closest occupation group is Managers, with average weekly total cash earnings of $2,800.90 (about $145,647 a year) as of May 2025. Professionals, another common category, averaged $2,049.60 a week (about $106,579 a year). These are averages, not medians, and include all experience levels.
Q: How does the national full-time average compare to a product manager salary? A: The national full-time adult ordinary-time average is $2,083.70 a week (about $108,352 a year) from the ABS Average Weekly Earnings, May 2026. A product manager earning near the Managers average would be well above this line, while one closer to the Professionals average would be near it. Actual pay depends on experience, industry, and location.
Q: Which state pays product managers the most? A: State averages for full-time adults vary. The Australian Capital Territory has the highest full-time average at $119,090 a year, followed by Western Australia at $115,825. Tasmania has the lowest at $96,008. A product manager's salary will be influenced by the local labour market and cost of living, but the ABS does not publish state-level figures for this specific role.