Business Analyst Salary: Minimum Pay, Award Rates and the National Minimum Wage

The national minimum wage for award-free business analysts is $26.44 per hour from 1 July 2026, but most are covered by awards or agreements that set higher rates; the median full-time business analyst earns $2,697 per week before tax.

Understanding the business analyst salary in Australia

When researching a business analyst salary in Australia, it is important to separate the legal minimum from survey averages, award rates, and negotiated salaries. The legal pay floor is set by the Fair Work Commission and enforced by the Fair Work Ombudsman, while typical earnings are published by the Australian Bureau of Statistics (ABS). This guide explains how these figures work together, including the impact of tax and superannuation.

The legal minimum: national minimum wage and awards

For employees not covered by a modern award or registered agreement, the national minimum wage applies. From 1 July 2026, this is $26.44 per hour or $1,004.90 per week for a full-time adult employee. Casual employees receive a 25% loading, making the casual rate $33.05 per hour. However, most business analysts are covered by a modern award, such as the Professional Employees Award 2020 or the Clerks Award, depending on their duties and qualifications. Award minimum rates are often higher than the national minimum wage and include classification-based pay scales, penalty rates, and allowances. The Fair Work Commission publishes the Modern Awards Pay Database with current rates. Always check your specific award using the Fair Work Ombudsman's tools. An enterprise agreement can also set a higher rate than the award.

Survey averages: what the ABS reports

The ABS collects data on actual earnings through its Survey of Employee Earnings and Hours. For ICT Business and Systems Analysts (ANZSCO 2611), the median full-time weekly earnings before tax are $2,697, and the median hourly earnings are $72. These figures are for non-managerial adult employees working full-time. They are a useful benchmark but not a minimum entitlement. The median is the midpoint – half earn more, half earn less. Your individual business analyst salary will depend on experience, industry, location, and the specific employer. The ABS data also shows that 90% of business analysts work full-time, with average hours of 41 per week.

The weekly packet: tax, Medicare, and super on top

When considering a business analyst salary, it helps to think about the full weekly packet. The gross pay is before tax and before super. For the 2026-27 tax year, a full-time business analyst earning the median $2,697 per week would have an annualised ordinary gross of about $140,244 (assuming 52 weeks). After applying the resident tax rates with the full tax-free threshold and estimating Medicare at 2% (once annualised ordinary gross exceeds $30,000), the weekly take-home pay would be lower. The exact amount depends on individual circumstances, including the low income tax offset, HELP repayments, salary sacrifice, and the Medicare levy surcharge. Additionally, employers must pay superannuation guarantee contributions of 12% on top of ordinary time earnings. For the median weekly salary, that is an extra $323.64 per week paid into super. This means the total remuneration package is higher than the cash salary.

Award rates vs negotiated salaries

Award rates are the minimum that must be paid for a given classification. For example, a business analyst classified at a certain level under the Professional Employees Award will have a minimum hourly rate set by the Fair Work Commission. Many employers pay above the award to attract and retain talent. A negotiated salary is a private agreement between employer and employee, which can be higher than both the award and the national minimum wage. It is common for experienced business analysts to negotiate salaries well above the median. Always ensure that any agreed salary meets or exceeds the applicable minimum under the award or the national minimum wage.

How to find the right pay floor

To determine your legal minimum, start by identifying whether you are covered by a modern award. Use the Fair Work Ombudsman's Which minimum wage applies tool. If you are award-free, the national minimum wage applies. For award-covered employees, check the Rate tables for your classification. Remember that junior rates, apprentice rates, and introductory award rates may be lower than the adult national minimum. The Fair Work Commission reviews minimum wages each year, with changes usually taking effect from 1 July.

Key takeaways

  • The national minimum wage from 1 July 2026 is $26.44 per hour ($1,004.90 per week).
  • Most business analysts are covered by an award that sets a higher minimum.
  • The ABS median full-time weekly earnings for business analysts is $2,697 (before tax).
  • Superannuation of 12% is paid on top of ordinary time earnings.
  • Your actual salary may be higher or lower than the median; always check your award or agreement.

For more details on how these figures are calculated, see How the figures work. For general information about minimum wages, visit About this site.

Questions people ask next

What is the minimum wage for a business analyst in Australia?

The legal minimum depends on award coverage. If no award or agreement applies, the national minimum wage is $26.44 per hour (or $1,004.90 per week) from 1 July 2026. Most business analysts are covered by a modern award such as the Professional Employees Award, which sets higher minimum rates based on classification. An enterprise agreement may also set a higher rate. Always check your specific award or agreement using the Fair Work Ombudsman's Pay and Conditions Tool.

How does the median business analyst salary compare to the national minimum wage?

According to the Australian Bureau of Statistics (Survey of Employee Earnings and Hours, May 2025), the median full-time business analyst earns $2,697 per week before tax. That is more than 2.5 times the national minimum wage of $1,004.90 per week. The median hourly rate is $72. These figures are a guide only and do not represent a minimum entitlement. Actual pay can vary by experience, location, and employer.

Is superannuation included in the business analyst salary figures?

No. The median earnings reported by the ABS are before tax and do not include superannuation. Under the Superannuation Guarantee, employers must pay an additional 12% of ordinary time earnings into your super fund. For a business analyst earning the median weekly salary of $2,697, the employer would contribute an extra $323.64 per week to super. The national minimum wage figures also exclude super; the employer must pay super on top.

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