Financial Planner Salary in Wollongong
Finance
Financial planners help individuals and families plan their finances, investments, and retirement strategies.
Job Market Outlook
Mixed work with some tasks that AI can assist or automate
Job supply roughly matches candidate availability
Moderate projected employment growth over 5 years
Sources: Microsoft Research 2025, Jobs and Skills Australia 2025 Occupation Shortage List
Financial Planner Take-Home Pay Breakdown in Wollongong
Based on the average Financial Planner salary of $83,600 in Wollongong, here's what you can expect to take home after tax, Medicare levy, and superannuation.
| Component | Without HECS | With HECS |
|---|---|---|
| Gross Salary | $83,600 | $83,600 |
| Income Tax | -$15,868 | -$15,868 |
| Medicare Levy (2%) | -$1,672 | -$1,672 |
| HELP/HECS Repayment | $0 | -$2,508 |
| Superannuation (11%) | +$9,196 | +$9,196 |
| Annual Take-Home | $66,060 | $63,552 |
| Monthly Take-Home | $5,505 | $5,296 |
| Fortnightly Take-Home | $2,541 | $2,444 |
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Financial Planner Hourly Rate in Wollongong
Based on a standard 38-hour work week (Australian full-time hours):
Frequently Asked Questions
How much does a Financial Planner earn in Wollongong?
The average Financial Planner salary in Wollongong is $83,600 per year, or approximately $42 per hour. Salaries range from $52,800 to $158,400 depending on experience.
What is the take-home pay for a Financial Planner in Wollongong?
A Financial Planner earning $83,600 in Wollongong takes home approximately $66,060 per year after tax, or $5,505 per month. With a HECS debt, take-home drops to $63,552 per year.
How much do Financial Planners make per hour in Wollongong?
Financial Planners in Wollongong earn approximately $42 per hour on average, based on a 38-hour work week. Entry-level rates start around $27/hour, while senior professionals can earn up to $80/hour.
Is Wollongong a good place to work as a Financial Planner?
Wollongong offers Financial Planner salaries below average in Australia at $83,600. The city has a cost of living index of 82 (Sydney = 100), meaning living costs are lower than Sydney.
About Financial Planner Salaries in Wollongong
The average Financial Planner in Wollongong, New South Wales earns $83,600 per year, or approximately $42 per hour. Salaries typically range from $52,800 for entry-level positions to $158,400 for senior roles with extensive experience.
After income tax, Medicare levy, and other deductions, a Financial Planner earning the average salary in Wollongong can expect to take home approximately $66,060 per year, or $5,505 per month.
Wollongong is home to approximately 310,000 people and has a cost of living index of 82 (where Sydney = 100). This means living costs in Wollongong are lower Sydney.
Key Factors Affecting Financial Planner Salaries
- Experience Level: Entry-level positions start around $52,800, while senior roles can reach $158,400.
- Industry: Different industries offer varying compensation for Financial Planner roles.
- Company Size: Larger companies typically offer higher salaries and more benefits.
- Location: Wollongong's cost of living influences salary expectations.
- Hourly Rate: Based on a 38-hour week, Financial Planners earn $$27-$80 per hour.
Salary data is based on industry reports, job postings, and government statistics. Individual salaries may vary based on experience, qualifications, and employer. Tax calculations are estimates for the 2024-25 financial year.