A actuary in Australia earns a median gross salary of A$150,000 per year in 2026 (about $100,000). Entry-level roles start around A$84,000, and senior actuarys reach A$300,000 or more.
| Experience level | Gross salary (AUD) | ≈ USD |
|---|---|---|
| Entry level | A$84,000 | $56,000 |
| Median | A$150,000 | $100,000 |
| Senior | A$300,000 | $200,000 |
The Australian market for actuarys
Australia pays well by global standards, with mining, healthcare and trades notably strong; a licensed tradesperson in Perth can out-earn many office workers. Distance from other markets means less remote-work salary arbitrage than Europe.
Tax reality
Progressive rates up to 45% plus a Medicare levy. Compulsory superannuation (12%) is paid by employers on top of quoted salaries.
How Australia compares
United States median
$125,000
Australia pays 20% less
United Kingdom median
$95,000
Australia pays 5% more
EU average median
$85,000
Australia pays 18% more
Actuary pay in Australia: FAQ
How much does a actuary earn in Australia?
In 2026, a actuary in Australia earns a median gross salary of about A$150,000 per year (roughly $100,000). Entry-level pay starts around A$84,000 and experienced seniors reach A$300,000 or more.
What does an entry-level actuary make in Australia?
Around A$84,000 gross per year. Typical entry route: bachelor's degree, and reaching the median usually takes about 7 years of experience.
Is Australia a good country for actuarys?
Australia pays well by global standards, with mining, healthcare and trades notably strong; a licensed tradesperson in Perth can out-earn many office workers. Distance from other markets means less remote-work salary arbitrage than Europe.
How much tax does a actuary pay in Australia?
Progressive rates up to 45% plus a Medicare levy. Compulsory superannuation (12%) is paid by employers on top of quoted salaries.
Gross annual estimates derived from the Paygrade research dataset (updated 7 July 2026) using country wage factors and 2026 exchange rates. Read the full methodology. Actual offers vary by company, city and negotiation.