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Fund Manager salary in Australia
The median full-time salary for a fund manager is $148,200 per annum, before tax, up $31,500 since 2018.
DerivedIndicative estimate, not yet verified against official Jobs and Skills Australia / ABS data · Estimate
- Bonus is a large part of the package at senior levels and is usually tied to how the portfolio performs against its benchmark, so a good year for the fund can be worth considerably more than base salary.
- Fund size and sector change the mix, since a boutique with performance fees pays differently from a large superannuation fund, and the figures quoted for the role usually combine base pay with the most recent bonus.
- That is why two managers doing similar work can be on very different total earnings.
The median salary rose by $31,500 between 2018 and 2024; the dashed line shows a projection to 2028 based on the real ABS Wage Price Index growth rate, not a role-specific forecast.
How to negotiate a higher fund manager salary
- Know the market rate before you ask. The median full-time fund manager salary is $148,200; use that, not a guess, as your anchor, and adjust for your experience and employer.
- Lead with what's scarce, not just tenure. Skills like Financial analysis and modelling and Risk and internal controls tend to command a premium over general fund manager experience, name them specifically when you ask.
- Time it deliberately. Reviews, the end of a project you delivered, or taking on responsibility beyond your job description are stronger moments to ask than an arbitrary date on the calendar.
- Ask for a number, not a raise. "Based on the market rate and [specific contribution], I'd like to move to X" gets a clearer answer than "I think I deserve more."
Fund Manager salary questions
How much do fund managers earn in Australia?
The median full-time salary for a fund manager is $148,200 a year before tax. Seniority, specialisation, sector and the award or agreement you're employed under all move it.
Is fund manager pay rising or falling?
The median fund manager salary is up $31,500 since 2018. Figures from 2025 onward on this page are a projection, not a measured result.
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Pay advice
- How to ask for a pay rise, and back it up with real numbersWhat national wage growth looks like right now, how to work out a figure for your own role, wording you can adapt for the conversation, and what to do if the answer is no.
- The average salary in Australia (2026)Full-time adults in Australia averaged $2,083.70 a week in May 2026. Several measures get called the average salary, and this explains which one fits your situation.
- Overtime pay, time in lieu and what your award saysOvertime rates come from your award or agreement, not one national rule. How rates work, what happens on a salary, and how time off in lieu works.