Quantitative Analyst Salary in Australia
If you are looking for a precise published salary for quantitative analysts in Australia, the Australian Bureau of Statistics does not break earnings down to that occupation. The closest category available is Professionals, which covers a wide range of roles including analysts, engineers, and scientists. According to the ABS Employee Earnings and Hours survey for May 2025, the average hourly total cash earnings for all Professionals was $64.50. On a standard 38-hour week, that equates to about $2,451 per week or $127,452 per year.
This figure is an average, not a median, and it includes both full-time and part-time professionals. For comparison, the national full-time adult ordinary-time average (the line on this site) is $2,083.70 per week or $108,352 per year (ABS Average Weekly Earnings, May 2026). The professionals average sits about $19,100 above that line.
How the Figures Are Set
The ABS collects earnings data twice a year through the Average Weekly Earnings survey and every two years through the more detailed Employee Earnings and Hours survey. The latter provides the occupation-level averages used here. For a full explanation of how these estimates are produced, see How the figures are set.
Comparing to Medians and Minimums
It is important to distinguish between averages and medians. The median weekly earnings for all employees (full-time and part-time) was $1,436 in May 2025, or about $74,672 per year. For full-time employees only, the median was $1,887 per week ($98,124 per year). The professionals average of $127,452 is well above both medians, reflecting the higher pay typical of professional roles.
The national minimum wage from 1 July 2026 is $26.44 per hour, $1,004.90 per week on 38 hours, or about $52,255 per year. Award minimums rose by 4.75% from that date. Quantitative analysts are typically covered by individual arrangements or enterprise agreements, not the minimum wage.
State Variations
Full-time average weekly earnings vary by state and territory. The national full-time average of $108,352 is an aggregate; your location can affect pay. For example, the Australian Capital Territory has the highest full-time average at about $119,090 per year, while Tasmania has the lowest at about $96,008. If you work in a financial hub like Sydney or Melbourne, your salary may be higher than the national average. See States and territories for more detail.
Putting Your Salary on the Line
You can compare any salary to the national full-time average using this site’s tool. Enter your yearly pay before tax, and it will show the equivalent weekly and hourly amounts (based on a 38-hour week) and the distance from the line. For a quantitative analyst earning the professionals average of $127,452, the distance would be about +$19,100 per year. Place a salary on the line to see where you stand.
What About Actual Quantitative Analyst Roles?
Because the ABS does not publish a specific figure for quantitative analysts, the professionals average is the best available benchmark. However, quantitative analysts often work in banking, finance, or insurance, where pay can be higher than the professionals average. Industry-specific data from the ABS may provide a closer estimate, but it is not broken down to the occupation level. For more granular comparisons, you can explore Job medians or Industry medians using the most recent ABS data.
Key Takeaways
- No official ABS figure exists for quantitative analyst salary.
- The closest proxy is the Professionals average: $64.50/hour, $2,451/week, $127,452/year.
- This is above the national full-time average of $108,352.
- Tax on $127,452 (2026–27) would be roughly $31,187 income tax plus $2,549 Medicare levy.
- State averages vary; check your location for context.