Mortgage Advisor Salary: What You Take Home After Tax in 2026–27

How Much Does a Mortgage Advisor Earn in Australia?

If you’re looking at a career as a mortgage advisor – also called a mortgage broker – you want to know what lands in your bank account after tax. The mortgage advisor salary isn’t a single number; it depends on your experience, location, employer, and whether you earn commission. Let’s break down the latest benchmarks and work out your likely take-home pay.

Salary Benchmarks from Official and Industry Sources

The Australian Taxation Office groups mortgage brokers under “finance brokers.” On 2023–24 tax returns, 11,049 finance brokers reported a median salary or wage of $81,587 and an average of $97,205. Their average taxable income (including business income) was $107,599. These figures include part-time and part-year workers, so full-time pay is typically higher.

Industry salary guides give a clearer picture for full-time roles. FinTalent’s FY26/27 guide shows base salaries for mortgage brokers with two to five years’ experience:

• National average: $85,000 – $110,000 + super
• Sydney: $95,000 – $120,000 + super
• Melbourne: $90,000 – $115,000 + super
• Brisbane: $85,000 – $105,000 + super
• Perth: $80,000 – $100,000 + super
• Adelaide: $75,000 – $95,000 + super

Randstad reports an average mortgage advisor salary of $85,000 per year, with entry-level roles starting at $75,000 and experienced advisors earning up to $95,000. Commission can add to your total package.

What You Actually Take Home After Tax

Your take-home pay depends on your gross salary and the 2026–27 tax rates. For a resident Australian, the tax brackets are:

• Up to $18,200: nil
• $18,201 – $45,000: 15c per $1 over $18,200
• $45,001 – $135,000: $4,020 plus 30c per $1 over $45,000
• $135,001 – $190,000: $31,020 plus 37c per $1 over $135,000
• Over $190,000: $51,370 plus 45c per $1 over $190,000

Plus the Medicare levy of 2% (full rate for singles earning over $35,013; reduced rate between $28,011 and $35,013).

Using the ATO median of $81,587:

• Tax: about $14,938
• Medicare levy: $1,632
• Take-home: $64,959 per year, or $2,498 per fortnight

On the FinTalent national average base of $85,000:

• Tax: about $16,028
• Medicare levy: $1,700
• Take-home: $67,272 per year, or $2,587 per fortnight

On $110,000:

• Tax: about $23,628
• Medicare levy: $2,200
• Take-home: $84,172 per year, or $3,237 per fortnight

These estimates assume no HELP/HECS debt, no Medicare levy surcharge, and private hospital cover. Use our Take-home pay guide for a personalised calculation.

Factors That Affect Your Mortgage Advisor Salary

• Experience: Entry-level roles pay around $75,000; with five-plus years you can earn $95,000–$120,000 base.
• Location: Sydney and Melbourne pay the most; Adelaide and Perth pay less.
• Employer type: Banks and large lenders may offer higher base salaries plus commissions. Independent brokerages often have lower base but higher commission potential.
• Commission and bonuses: Many mortgage advisors earn commission on loans settled. This can significantly boost total income but is not guaranteed.
• Employment status: Employees are covered by the National Minimum Wage ($26.44 per hour, $1,004.90 per week) if no award applies. Self-employed brokers have no wage floor.

Is the Mortgage Advisor Salary Plus Super?

Most advertised salaries are base plus super. From 1 July 2026, the super guarantee is 12% on earnings up to $270,830. Super is paid on top of your base salary and is not deducted from your take-home pay. Always check whether a job ad quotes “base + super” or “total package.”

How the Medicare Levy Affects Your Take-Home

As a single person, you pay the full 2% Medicare levy if your taxable income is above $35,013. Between $28,011 and $35,013, you pay a reduced rate (10c per $1 over the lower threshold). Below $28,011, you pay nothing. These are the latest published single-person thresholds. If you earn above $105,000 as a single without private hospital cover, you may also pay the Medicare levy surcharge – see our Tax and Medicare page for details.

Final Thoughts

The mortgage advisor salary in Australia offers solid earning potential, especially as you gain experience and build a client base. Your take-home pay after tax will vary, but using the benchmarks above you can estimate what clears into your bank account each fortnight. For more detailed comparisons, check our Benchmarks page.

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Disclaimer: This is a resident tax estimate only. Excludes HELP/HECS, Medicare levy surcharge, salary sacrifice, and payroll tax-table rounding. Not an assessment.