A Quantitative Researcher earning the median salary of A$149K in Australia takes home approximately $109,820/year ($9,152/month) after Income Tax and the Medicare Levy, using 2026-27 rates.
2026 median salary for each level in Australia, and what it leaves after Income Tax and the Medicare Levy. Australian resident individual, no HECS-HELP. 2026-27 rates.
| Level | Gross / year | Take-home / year | Per month | Effective rate |
|---|---|---|---|---|
| Junior | $104,000 | $80,200$6,683/mo | $6,683 | 22.9% |
| Mid-levelHeadline median | $149,000 | $109,820$9,152/mo | $9,152 | 26.3% |
| Senior | $198,000 | $139,070$11,589/mo | $11,589 | 29.8% |
| Lead / Principal | $266,000 | $175,110$14,593/mo | $14,593 | 34.2% |
The biggest pay step is Senior to Lead / Principal: $68,000 more a year before tax, of which $36,040 reaches take-home. 47% of that raise goes to Income Tax and the Medicare Levy, against an average 30% on the Senior salary, because the extra pay is taxed at the top of your bands rather than spread across all of them.
For Mid-level roles, the middle half of Quantitative Researcher salaries in Australia run from $140,000 to $157,000 a year, which is $104,330 to $114,700 after Income Tax and the Medicare Levy.
The table above uses the Quantitative Researcher median. Enter your own gross salary below for a precise figure.
2026-27 tax year
Tax-free up to $18,200. 15% to $45,000. 30% to $135,000. 37% to $190,000. 45% above. Plus 2% Medicare Levy.
Common salaries:
Estimated annual take-home pay
$109,820
Per fortnight
$4,224
Per month
$9,152
Per week
$2,112
Effective tax rate
26.3%
Employer superannuation (on top, not deducted)
$17,880/year
Under the Super Guarantee, your employer must pay an extra 12.0% of your ordinary time earnings into your super fund on top of your salary. This is not subtracted from your take-home pay above: it's a separate, additional payment your employer makes on your behalf toward retirement.
How your $149,000 annual salary is split
$109,820
73.7%
$36,200
24.3%
$2,980
2.0%
| Gross salary | $149,000 |
| Income Tax | -$36,200 |
| Medicare Levy (2%) | -$2,980 |
| Total deductions | -$39,180 |
| Net take-home (annual) | $109,820 |
Calculations use 2026-27 Australian resident tax brackets and the 2% Medicare Levy, applying the low-income threshold as a simple cutoff rather than modelling the exact phase-in band. Fortnightly results annualise your entered pay across 26 pay periods; actual PAYG withholding can differ because payroll uses the current ATO withholding tables and your tax-file details. Superannuation Guarantee is shown as an employer contribution on top of salary and is not subtracted from take-home pay. The optional HECS/HELP amount is an annualised estimate. This does not account for the Medicare Levy Surcharge, private health insurance rebates, or other offsets. For precise advice consult a registered tax agent or the ATO.
Permanent median
$149,000
$109,820 take-home
Contract median
$1,170/day
≈ $257,400 gross a year
At a median $1,170/day, contract work grosses about $257,400 a year over 220 billable days, 73% more than the $149,000 permanent median. That premium has to pay for what an employer would otherwise cover: paid holiday and sick days, pension contributions, and the gaps between contracts.
Contract and permanent benchmarks come from separate samples, so treat the gap as a guide rather than a like-for-like quote. See Quantitative Researcher contract rates and contractor take-home →
A Quantitative Researcher earning the median salary of A$149K in Australia takes home approximately $109,820 per year ($9,152 per month) after Income Tax and the Medicare Levy, using 2026-27 ATO resident rates.
On a median Quantitative Researcher salary of A$149K, the effective tax rate (Income Tax and Medicare Levy combined) is 26.3%, leaving $109,820 as take-home pay.
On a A$149K salary, a Quantitative Researcher pays approximately $36,200 in Income Tax per year under 2026-27 resident brackets (tax-free to $18,200, then 15%, 30%, 37%, and 45%).
On a A$149K salary, the Medicare Levy is approximately $2,980 per year at the standard 2% rate (above the low-income threshold).
No. The Superannuation Guarantee (12% for 2026-27) is an employer contribution paid on top of gross salary and is not deducted from the employee take-home figures on this page.
A senior Quantitative Researcher in Australia earns a median $198,000 a year and takes home approximately $139,070 ($11,589 per month) after Income Tax and the Medicare Levy, an effective rate of 29.8%.
A junior Quantitative Researcher in Australia earns a median $104,000 a year and takes home approximately $80,200 ($6,683 per month) after Income Tax and the Medicare Levy, an effective rate of 22.9%.
The biggest pay step is Senior to Lead / Principal: $68,000 more a year before tax, of which $36,040 reaches take-home. 47% of that raise goes to Income Tax and the Medicare Levy, against an average 30% on the Senior salary, because the extra pay is taxed at the top of your bands rather than spread across all of them.
At a median $1,170/day, contract work grosses about $257,400 a year over 220 billable days, 73% more than the $149,000 permanent median. That premium has to pay for what an employer would otherwise cover: paid holiday and sick days, pension contributions, and the gaps between contracts. Contract and permanent benchmarks come from separate samples, so treat the gap as a guide.
Quantitative Researcher Salary Benchmarks
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