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Product Manager salary in Australia
The median full-time salary for a product manager is $119,500 per annum, before tax, up $25,100 since 2018.
DerivedIndicative estimate, not yet verified against official Jobs and Skills Australia / ABS data · Estimate
- Bonuses, equity and the size of the company you join can move total earnings well above the advertised base, so compare the whole package and not just the salary line.
- Software companies often pay a bonus tied to product targets and hand out share options, while manufacturers, miners and construction firms tend to offer a fixed salary with a smaller variable component.
- Ask how the bonus is calculated, whether it rests on company results, team targets or your own, and whether overtime is paid or already built into the figure.
The median salary rose by $25,100 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 product manager
The largest typical pay rise is $28,700 a year, moving into Chief of Staff.
- Chief of Staff+$28,700/yr
- Business Analyst+$20,700/yr
- Solutions Architect+$18,300/yr
How to negotiate a higher product manager salary
- Know the market rate before you ask. The median full-time product manager salary is $119,500; 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 Product management and Strategy development tend to command a premium over general product manager experience, name them specifically when you ask.
- Bring a real alternative to the table. Chief of Staff pays a typical $28,700 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."
Product Manager salary questions
How much do product managers earn in Australia?
The median full-time salary for a product manager is $119,500 a year before tax. Seniority, specialisation, sector and the award or agreement you're employed under all move it.
Is product manager pay rising or falling?
The median product manager salary is up $25,100 since 2018. Figures from 2025 onward on this page are a projection, not a measured result.
What pays more than product manager?
Chief of Staff pays a typical $28,700 a year more and draws on similar skills to product manager.
Related salaries
- Chief of Staff salary
- Strategy Manager salary
- Solutions Architect salary
- Business Analyst salary
- Brand Manager salary
- UX Designer 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.