The ATO's occupation code is "Business analyst - IT": business analysts working outside IT may have given a different occupation and are not necessarily in these figures.
What business analysts earn: 2023–24 tax returns
In the ATO’s Taxation statistics for 2023–24, 46,789 people gave their occupation as “Business analyst - IT”. Among those who reported wages, the median salary or wage income was $119,229 and the average $123,441. Their average taxable income was $127,551.
The ATO codes business analysts as an IT occupation. Systems analysts share the same unit group and are shown for comparison; a business analyst who described the job differently on their return may be counted elsewhere.
| Occupation on the tax return | People | Median salary or wages | Average salary or wages | Median taxable income | Average taxable income |
|---|---|---|---|---|---|
| Business analyst - ITATO occupation code 261111 | 46,789 | $119,229 | $123,441 | $119,408 | $127,551 |
| Computing professional - systems analystATO occupation code 261112 | 13,055 | $119,204 | $125,940 | $120,585 | $132,331 |
ATO figures come from 2023–24 individual tax returns: everyone who gave this occupation, including part-time and part-year workers. Salary or wages is the gross wage income people reported (averages and medians count only those who reported some); taxable income adds other income such as interest and business income and subtracts deductions. Neither figure is a full-time rate or a legal minimum.
Median full-time pay
Jobs and Skills Australia puts median full-time earnings for ICT Business and Systems Analysts (ANZSCO 2611) at $2,697 a week ($72 an hour), against $1,852 a week for all occupations.
Median weekly pay of full-time, non-managerial adult employees before tax and salary sacrifice, from the ABS Survey of Employee Earnings and Hours (May 2025) as published by Jobs and Skills Australia. It reflects what employers actually pay, including people on enterprise agreements or above-award salaries, so it is a market figure, not a legal minimum.
Business Analyst pay after tax
What each figure on this page leaves after income tax and the Medicare levy, worked out with the same tax engine as the rest of this site. Use the row nearest your own salary to sense-check the net pay on your payslip.
| Figure | Gross a year | Tax and Medicare | Take-home a year | A fortnight |
|---|---|---|---|---|
| Median full-time pay — ICT Business and Systems AnalystsJobs and Skills Australia, May 2025 (weekly × 52) | $140,244 | −$35,765 | $104,479 | $4,018 |
| Median salary or wages — Business analyst - ITATO tax returns, 2023–24 | $119,229 | −$28,674 | $90,555 | $3,483 |
| Average salary or wages — Business analyst - ITATO tax returns, 2023–24 | $123,441 | −$30,021 | $93,420 | $3,593 |
2026–27 resident tax rates with the low income tax offset and the 2% Medicare levy; no HECS-HELP repayment and no Medicare levy surcharge. Superannuation is paid on top by your employer. Your employer withholds tax each pay from the ATO’s withholding schedules, so the tax on a payslip will not match these annual figures to the dollar. For the full breakdown see take-home pay on $125,000 (the nearest step to $123,441), or enter your own salary below.
The table assumes private hospital cover. A single person without it pays the Medicare levy surcharge of 1% to 1.5% once their income for surcharge purposes passes $105,000 (2026–27), which would lower the take-home on the higher rows.
Is there an award for business analysts?
No modern award names business analysts. The nearest is the information technology stream of the Professional Employees Award 2020 [MA000065], whose definition of the IT industry includes system analysis services and computer consultancy (cl 2.3). It applies only where your employer is principally engaged in the IT, telecommunications services or quality auditing industry, and only to work that needs a degree with a science or IT major accredited by the Australian Computer Society, or ACS Certified Professional standing (cl 4.1(b), cl 2.3).
If you meet that test, the award minimums are the ones on the software engineer page. If you work as a business analyst in a bank, a government agency or another non-IT business, that stream does not apply; check your employer's industry award or enterprise agreement. If no award covers you, the National Minimum Wage and the National Employment Standards are the legal floor.
Business Analyst minimum pay 2026–27
These rates apply from the first full pay period starting on or after 1 July 2026. Part-time employees are paid the same hourly rates for the hours they work.
The legal floor for award-free business analysts
The National Minimum Wage Order 2026 (PR799279), from the first full pay period starting on or after 1 July 2026. It is the floor for an award-free adult employee, not a typical salary for this job.
| Classification | Hourly | Weekly (38 hrs) | Annual | Casual hourly |
|---|---|---|---|---|
| National Minimum Wage (adult)Award-free employees aged 21 and over | $26.44 | $1,004.90 | $52,255 | $33.05 |
Annual is the weekly rate × 52, before tax and before superannuation. Casual hourly includes the 25% casual loading.
Business Analyst penalty rates and overtime
No award sets penalty rates for this job title. If an award covers you through your employer's industry, its penalty rates apply; if none does, penalty, overtime and time-in-lieu terms come from your contract or enterprise agreement.
Overtime
- Award-free employees have no award overtime rate. The National Employment Standards let an employer require reasonable additional hours; whether they are paid, banked as time in lieu or absorbed into a salary depends on your contract.
- Your pay for ordinary hours must still be at least the National Minimum Wage.
Work out a shift with penalties or overtime using the overtime pay calculator.
Checking a business analyst payslip
- Timing: a payslip must reach you within 1 working day of pay day, even when you are on leave, and must show your gross and net pay for the period (Fair Work Ombudsman, pay slips).
- Bonuses and incentive payments: any bonus, commission or other incentive-based payment that can be separated from your ordinary pay must be shown as its own amount on the payslip (Fair Work Ombudsman, pay slips).
- Super and deductions: each payslip must show the super your employer paid, or will pay, for the period and the fund it goes to, and every deduction — salary sacrifice included — with the fund or account it was paid into (Fair Work Ombudsman, pay slips).
For what every line on a payslip should show, see understanding your payslip.
What this page does not show
- An award rate for business analysts: none names the job, and coverage depends on your employer and duties.
- Contractor day rates: awards and the minimum wage apply to employees, not to independent contractors.
- Recruiter salary bands by seniority: they are not official figures.
Business Analyst pay questions
Pay rates for other jobs
How this page is sourced▼
No modern award names this job, so this page does not say which award, if any, covers you: that turns on your employer's industry and your duties. The minimum shown is the National Minimum Wage Order 2026, read on 9 October 2026.
Income figures are the ATO’s Taxation statistics 2023–24, Individuals Table 15A, exactly as published: the occupation is what each person wrote on their tax return.
The median comes from Jobs and Skills Australia’s occupation profile and is a market figure, not an entitlement. Take-home figures use the same tax engine as the rest of this site. Award rates change every 1 July, so re-check after the next Annual Wage Review.
Sources & References
- 1Taxation statistics 2023–24, Individuals Table 15: average and median taxable income and salary or wages by occupation— Australian Taxation Office (data.gov.au)
- 2
- 3Professional Employees Award 2020 [MA000065] — coverage, cl 4.1(b) and cl 2.3— Fair Work Commission
- 4National Minimum Wage Order 2026 (PR799279)— Fair Work Commission
- 5Pay slips— Fair Work Ombudsman
Last verified: 9 October 2026. Our content is based on the latest information from official Australian government sources.
Anita Bell
AuthorFounder & Senior Bookkeeper
Accountancy degree (2015); certified in Xero, QuickBooks Online, MYOB, Saasu, Zoho and Reckon One
Anita Bell earned her accountancy degree in 2015 and has worked as a senior bookkeeper with Prime Bookkeeping for over 5 years. This built her skills in Australian and New Zealand tax legislation and industry regulations. She is certified in Xero, QuickBooks Online, MYOB, Saasu, Zoho and Reckon One, and works with payroll and rostering software including Gusto, Deputy, Tsheets and KeyPay. She has strong experience in hospitality, building and construction, financial services, real estate, ecommerce, and medical and health services.
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