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Settlements Officer salary in Australia
The median full-time salary for a settlements officer is $83,200 per annum, before tax, up $17,300 since 2018.
DerivedIndicative estimate, not yet verified against official Jobs and Skills Australia / ABS data · Estimate
- What you are paid depends on the employer, the market you cover and how much system experience you bring, since custodian and funds management teams sit in different pay structures from retail banking operations.
- Shift or on-call arrangements covering overseas market hours can add loadings, and the usual step up comes with a supervisory or controls role rather than with time served.
- Experience with a particular settlement system or market is often what decides the offer.
The median salary rose by $17,300 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 settlements officer
The largest typical pay rise is $54,700 a year, moving into Stockbroker.
- Stockbroker+$54,700/yr
- Financial Planner+$51,100/yr
- Accountant+$21,000/yr
How to negotiate a higher settlements officer salary
- Know the market rate before you ask. The median full-time settlements officer salary is $83,200; 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 Regulatory compliance and Risk and internal controls tend to command a premium over general settlements officer experience, name them specifically when you ask.
- Bring a real alternative to the table. Stockbroker pays a typical $54,700 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."
Settlements Officer salary questions
How much do settlements officers earn in Australia?
The median full-time salary for a settlements officer is $83,200 a year before tax. Seniority, specialisation, sector and the award or agreement you're employed under all move it.
Is settlements officer pay rising or falling?
The median settlements officer salary is up $17,300 since 2018. Figures from 2025 onward on this page are a projection, not a measured result.
What pays more than settlements officer?
Stockbroker pays a typical $54,700 a year more and draws on similar skills to settlements officer.
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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.