Home > Salary > Australia > Private Banker
A private banker is a financial professional who provides personalized banking and investment services to high-net-worth individuals, families, and businesses. They work closely with their clients to understand their financial goals, assess their risk tolerance, and develop comprehensive wealth management strategies. Private bankers offer a range of services, including managing investments, providing credit and lending solutions, assisting with estate planning, and offering tax advice. They also act as a liaison between their clients and other financial professionals, such as lawyers and accountants, to ensure all aspects of their financial affairs are well-coordinated.
Estimated Yearly Salary: 172,411 AUD
Estimated Monthly Salary: 14,368 AUD
Estimated Weekly Salary: 3,316 AUD per week
Estimated Hourly Salary: 83 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,833 AUD
Estimated Weekly Salary: 3,192 AUD per week
Estimated Hourly Salary: 80 AUD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 85,583 USD
Estimated Monthly Salary: 7,132 USD
Estimated Weekly Salary: 1,646 USD per week
Estimated Hourly Salary: 41 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 172,411 AUD
Estimated Monthly Salary: 14,368 AUD
Estimated Weekly Salary: 3,316 AUD per week
Estimated Hourly Salary: 83 AUD per hour
By working as Private Banker a person can save up to 4,715 USD per month or 56,577 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Private Banker
Last revision of data: 2025-01-04
Data as of 2025
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Private Banker salary in Australia
Average Yearly Salary of Private Banker in Australia is approximately 172,411 AUD (85,583 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Private Banker do?
A private banker is a financial professional who provides personalized banking and investment services to high-net-worth individuals, families, and businesses. They work closely with their clients to understand their financial goals, assess their risk tolerance, and develop comprehensive wealth management strategies. Private bankers offer a range of services, including managing investments, providing credit and lending solutions, assisting with estate planning, and offering tax advice. They also act as a liaison between their clients and other financial professionals, such as lawyers and accountants, to ensure all aspects of their financial affairs are well-coordinated.
Skills: private banking, wealth management, investment advisory, financial planning, high-net-worth clients, personalized banking services.
Job industry: Finance
Job industry: Finance
How much does Private Banker make?
Salary details
How much does Private Banker make?Estimated Yearly Salary: 172,411 AUD
Estimated Monthly Salary: 14,368 AUD
Estimated Weekly Salary: 3,316 AUD per week
Estimated Hourly Salary: 83 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 165,990 AUDEstimated Monthly Salary: 13,833 AUD
Estimated Weekly Salary: 3,192 AUD per week
Estimated Hourly Salary: 80 AUD per hour
Last revision of data: 2024-01-03Private Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 85,583 USD
Estimated Monthly Salary: 7,132 USD
Estimated Weekly Salary: 1,646 USD per week
Estimated Hourly Salary: 41 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Private Banker job salary compared to average salary in Australia.
Comparison shows that a person working as Private Banker in Australia earns on average:
2.05 times the average salary (or 205% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Private Banker job salary compared to average salary in Australia.
Comparison shows that a person working as Private Banker in Australia earns on average:
2.05 times the average salary (or 205% of average salary).
Is Private Banker a well paid job?
Yes, our data show that Private Banker is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Private Banker?
High salary for Private Banker would be somewhere between 189,652 AUD and 249,996 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Private Banker in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 172,411 AUD
Estimated Monthly Salary: 14,368 AUD
Estimated Weekly Salary: 3,316 AUD per week
Estimated Hourly Salary: 83 AUD per hour
By working as Private Banker a person can save up to 4,715 USD per month or 56,577 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Private Banker
Indonesia is 15,017 USD
East Timor is 64,034 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
(1,263,730 AUD per year, pre-tax.)
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10. Plastic surgeon
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Data as of 2025Random salary:
Vice president (vp), revenue cycle management (372,816 AUD per year, pre-tax.)
Assurance senior (101,015 AUD per year, pre-tax.)
Home care agency general manager (76,612 AUD per year, pre-tax.)
Farm worker supervisor (61,916 AUD per year, pre-tax.)
Utilization review specialist (51,323 AUD per year, pre-tax.)
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