ATO Taxation Statistics 2023–24 edition

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Occupation ATO 2023–24

Financial adviser salary in Australia

The median salary or wage income for Financial adviser in Australia was $109,999 in 2023–24, and the average was $131,470 (ATO Table 15A).

15,802 people reported this occupation; median taxable income was $114,462; ranked 170 of 1,176 occupations by median salary or wage income.

$109,999

median salary or wage income, ATO 2023–24

ATO Table 15A

$131,470

average salary or wage income, ATO 2023–24

ATO Table 15A

$114,462

median taxable income, ATO 2023–24

ATO Table 15A

15,802

individuals, ATO 2023–24

ATO Table 15A

170

rank by median salary or wage income, ATO 2023–24

of 1,176 occupations

ATO Table 15A

Where it sits among occupations

Where Financial adviser sits among 1,176 occupations by median salary or wage income, ATO 2023–24
Where Financial adviser sits among 1,176 occupations by median salary or wage income, ATO 2023–24 0 100 200 300 400 This occupation: $109,999 $0 $100,000 $200,000 $300,000 $400,000 Median salary or wage income ($), ATO 2023–24

Vertical axis: Number of occupations. Horizontal axis: Median salary or wage income ($), ATO 2023–24, in bands of $20,000. The highlighted band holds this one.

Show data
Where Financial adviser sits among 1,176 occupations by median salary or wage income, ATO 2023–24
Band Number of occupations
$0 to $19,999 20
$20,000 to $39,999 142
$40,000 to $59,999 267
$60,000 to $79,999 302
$80,000 to $99,999 212
$100,000 to $119,999 (includes this one) 122
$120,000 to $139,999 49
$140,000 to $159,999 15
$160,000 to $179,999 15
$180,000 to $199,999 13
$200,000 to $219,999 7
$220,000 to $239,999 5
$240,000 to $259,999 2
$260,000 to $279,999 2
$280,000 to $299,999 1
$300,000 to $319,999 0
$320,000 to $339,999 1
$340,000 to $359,999 0
$360,000 to $379,999 0
$380,000 to $399,999 0
$400,000 to $419,999 0
$420,000 to $439,999 1

ATO Table 15A

Salary or wage income by year

Median and average salary or wage income by year, Financial adviser, ATO 2023–24
Median and average salary or wage income by year, Financial adviser, ATO 2023–24 $0 $50,000 $100,000 $150,000 2017–18 2023–24 Tax year

Vertical axis: Salary or wage income ($), ATO 2023–24. Horizontal axis: Tax year.

  • median salary or wage income
  • average salary or wage income
Show data
Median and average salary or wage income by year, Financial adviser, ATO 2023–24
Year median salary or wage incomeaverage salary or wage income
2017–18 $85,314$102,892
2018–19 $86,673$104,724
2019–20 $90,000$106,737
2020–21 $92,481$110,631
2021–22 $98,957$119,190
2022–23 $103,863$124,808
2023–24 $109,999$131,470

ATO Table 15A

Salary or wage income by year, Financial adviser, ATO 2023–24
Yearindividualsmedian salary or wage incomeaverage salary or wage income
2017–1817,455$85,314$102,892
2018–1917,328$86,673$104,724
2019–2017,144$90,000$106,737
2020–2116,559$92,481$110,631
2021–2216,214$98,957$119,190
2022–2316,010$103,863$124,808
2023–2415,802$109,999$131,470

ATO Table 15A

Men and women

Median income by sex, Financial adviser, ATO 2023–24
Median income by sex, Financial adviser, ATO 2023–24 $0 $50,000 $100,000 $150,000 Median salary or wage income Male $119,999 Female $93,199 Median taxable income Male $123,748 Female $95,548 Median total income Male $132,611 Female $101,705 Median income ($), ATO 2023–24

Horizontal axis: Median income ($), ATO 2023–24. Bars are labelled Male and Female; the exact figures are in the table below.

ATO Table 15A

Men and women, Financial adviser, ATO 2023–24
Measure TotalMaleFemale
individuals 15,802 10,573 5,229
average taxable income $154,280 $174,109 $114,185
median taxable income $114,462 $123,748 $95,548
average salary or wage income $131,470 $144,425 $105,449
median salary or wage income $109,999 $119,999 $93,199
average total income $163,496 $184,239 $121,554
median total income $122,359 $132,611 $101,705

ATO Table 15A

Financial investment advisor or manager (unit group 2223) by state

Figures are for the unit group, not this occupation alone.

Financial investment advisor or manager (unit group 2223) by state, ATO 2023–24
Stateindividualsaverage taxable incomemedian taxable income
NSW7,690$255,007$144,180
ACT278$145,391$123,352
VIC5,697$203,329$121,972
WA1,592$153,755$119,634
NT37$152,337$116,693
QLD3,588$144,397$115,168
SA1,118$132,700$111,285
TAS287$124,911$105,894

ATO Table 15D

Typical deductions for Business, human resource and marketing professionals

Figures are for the sub-major group, not this occupation alone.

Typical deductions for Business, human resource and marketing professionals, ATO 2023–24
Deductiondeduction claimantsaverage deduction claim
Work related car expenses195,801$3,179
Work related travel expenses98,126$1,129
Work related uniform/clothing expenses177,398$252
Work related self education expenses68,152$2,192
Other work related expenses509,470$1,432
Total work related expenses536,753$3,087

ATO Table 18B