Average Economist Salary in Australia

AU$78,057
Avg. SalaryShow Hourly Rate
AU$6,145
Bonus
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The average salary for an Economist in Australia is AU$78,057.
10%
AU$50k
MEDIAN
AU$78k
90%
AU$130k
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United States (change)
Salary
AU$50k - AU$130k
Bonus
AU$1k - AU$20k
Total Pay
AU$50k - AU$137k

Your Market Worth Over Time

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Job Description for Economist

Economist Tasks
  • Design and conduct research to identify trends, formulate forecast models.
  • Advise the government, agencies, corporations, and/or banks about the adoption of financial policies.
  • Compile reports and illustrations of research findings.
  • Devise methods for data collection, sampling, and processing in regard to finance, labor, agriculture, commodities, trade, etc.

Job Satisfaction for Economist

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Economist Job Listings

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Popular Skills for Economist

Skills in Data Analysis, Econometrics, Data Modeling and Policy Analysis are correlated to pay that is above average. Skills that pay less than market rate include Research Analysis.

Pay by Experience Level for Economist

An entry-level Economist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of AU$66,951 based on 21 salaries. An early career Economist with 1-4 years of experience earns an average total compensation of AU$72,955 based on 68 salaries. A mid-career Economist with 5-9 years of experience earns an average total compensation of AU$91,542 based on 32 salaries. An experienced Economist with 10-19 years of experience earns an average total compensation of AU$113,318 based on 23 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$154,671.
Employees with Economist in their job title in Sydney, New South Wales earn an average of 2.5% more than the national average. These job titles also find higher than average salaries in Melbourne, Victoria (1.1% more). The lowest salaries can be found in Perth, Western Australia (13.0% less), Brisbane, Queensland (4.2% less) and Canberra, Australian Capital Territory (ACT) (2.1% less).

Years of Experience

This data is based on 149 survey responses.
Entry Level
14.1%
Early Career
45.6%
Mid Career
21.5%
Experienced
15.4%
Late Career
3.4%

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