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Stockbroker salary in Australia
The median full-time salary for a stockbroker is $137,900 per annum, before tax, up $29,000 since 2018.
Pay in broking leans heavily on commission, so two people with the same title can earn very different amounts depending on the size of their client book and how much of it trades. Institutional desks usually pay a higher base with a smaller bonus, while retail broking pays less upfront and rewards the adviser who brings in the business. A downturn in trading volumes shows up in income the following quarter, which is why experienced brokers watch their fixed costs as closely as their clients watch the market.
Roles that pay more than stockbroker
The largest typical pay rise is $44,100 a year, moving into Chief Executive Officer.
- Chief Executive Officer+$44,100/yr
How to negotiate a higher stockbroker salary
- Know the market rate before you ask. The median full-time stockbroker salary is $137,900; 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 Investment and financial advice tend to command a premium over general stockbroker experience, name them specifically when you ask.
- Bring a real alternative to the table. Chief Executive Officer pays a typical $44,100 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."
Stockbroker salary questions
How much do stockbrokers earn in Australia?
The median full-time salary for a stockbroker is $137,900 a year before tax. Seniority, specialisation, sector and the award or agreement you're employed under all move it.
Is stockbroker pay rising or falling?
The median stockbroker salary is up $29,000 since 2018. Figures from 2025 onward on this page are a projection, not a measured result.
What pays more than stockbroker?
Chief Executive Officer pays a typical $44,100 a year more and draws on similar skills to stockbroker.