Home Investment Banker Salary
Investment Banker salary in Australia
The median full-time salary for an investment banker is $134,300 per annum, before tax, up $28,600 since 2018.
- Bonuses make up a large slice of total pay in this job, and they are tied to the deals your team closes and how the firm's year has gone, so two people on the same base salary can end the year with very different amounts.
- Ask how the bank sets its bonus pool and whether awards come as cash, shares or a deferral spread over several years, since deferred amounts can shrink if you leave early.
- Advertised numbers often cover base salary alone, so check whether super is included and what the team has actually paid out recently.
The median salary rose by $28,600 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.
Roles that pay more than investment banker
The largest typical pay rise is $16,700 a year, moving into Finance Manager.
- Finance Manager+$16,700/yr
- Private Equity Associate+$13,900/yr
- Venture Capitalist+$13,900/yr
How to negotiate a higher investment banker salary
- Know the market rate before you ask. The median full-time investment banker salary is $134,300; 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 Financial reporting tend to command a premium over general investment banker experience, name them specifically when you ask.
- Bring a real alternative to the table. Finance Manager pays a typical $16,700 a year more and draws on similar skills, even mentioning you're weighing it up is a legitimate data point in a pay conversation.
- 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."
Investment Banker salary questions
How much do investment bankers earn in Australia?
The median full-time salary for an investment banker is $134,300 a year before tax. Seniority, specialisation, sector and the award or agreement you're employed under all move it.
Is investment banker pay rising or falling?
The median investment banker salary is up $28,600 since 2018. Figures from 2025 onward on this page are a projection, not a measured result.
What pays more than investment banker?
Finance Manager pays a typical $16,700 a year more and draws on similar skills to investment banker.
Related salaries
- Finance Manager salary
- Private Equity Associate salary
- Venture Capitalist salary
- Management Consultant salary
- Investor Relations Manager salary
- Investment Analyst salary
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.