Pay by Role
Finance & Business · Australia

Actuary Salary in Newcastle, NSW

The average actuary in Newcastle, NSW earns $224,847 per year — about $12,283 /mo after a simplified national tax estimate. Actuaries use statistics to measure and price financial risk, especially in insurance.

Showing amounts in USD (USD default; source data is AUD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies

After tax?

$147,165/yr

~35% effective national income tax on the median. Excludes most payroll/social levies and local taxes.

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Afford rent?

$1,652/mo 1BR

About 13% of estimated take-home — ~$8,765 leftover /mo after modeled costs. Modeled, not a listing.

Cost of living calculator →

Compared with…?

% vs Newcastle median (FX-adjusted abroad).

Average salary
$224,847
gross / year
Est. take-home
$147,165
~35% effective tax
Hourly equivalent
$108.10
based on 2,080 hrs/yr
vs. Australia avg
0%
above average

Gross salary figures come from public labour-market data. Take-home, rent, savings, inflation, and trends are simplified models for research — not payroll, listings, or immigration advice. Methodology.

Actuary salary range in Newcastle

Pay varies with experience, employer, and specialization. Here is the typical distribution for this role in Newcastle, NSW.

$147,95510TH$186,40125TH$224,847MEDIAN$271,82975TH$318,81090TH
Estimated pay distribution — the curve peaks at the median and widens with the pay range.
PercentileAnnual salary
10th percentile (entry)$147,955
25th percentile$186,401
Median (50th)typical$224,847
75th percentile$271,829
90th percentile (senior)$318,810

How does your salary compare?

Enter what you earn (or an offer) to see where it ranks for a actuary in Newcastle, NSW.

Your percentile
50th

$224,847 puts you in the 50th percentile. You earn more than about 50% of actuarys in Newcastle, NSW. That’s right around the typical pay for this role.

$147,955$224,847$318,810

Salary insights

A typical actuary in Newcastle, NSW earns about $324,000 a year and pays about the Australia average. Living costs sit near the global baseline (COL index 100). After a simplified tax estimate, typical rent, and everyday costs, a median earner might keep around $12,630 per month. Local pay lines up closely with the national median often used for remote or location-flexible offers. An illustrative model tied to local inflation and the role’s outlook suggests pay has risen about 22% over the last few years. Treat every figure as an estimate for research — not a personal offer or immigration advice.

Data-grounded summary from this page’s pay, COL, tax, and trend models — not a generative essay unrelated to the figures.

Cost of living, rent & savings

Newcastle’s cost of living is 100 vs. a baseline of 100 (US national average). After adjusting for local prices, the median actuary salary is worth about $224,847 in baseline-priced terms.

Est. rent (1BR)
$1,652/mo
Other living costs
$1,853/mo
Savings potential
$8,765/mo after tax & costs

Rent and leftover use a COL-scaled single-adult model and the same simplified tax estimate as above (Australia resident income tax (2025–26); excludes Medicare levy.). Adjust assumptions in the COL calculator.

Inflation

Approximate recent consumer-price inflation in Australia is about 2.8% per year. Use the inflation calculator to adjust a past salary or offer for purchasing power.

Remote equivalent

The Australia national median for this role is about $224,847— a common benchmark for remote or location-flexible offers. Local Newcastle pay is roughly the same.

Historical trend

Illustrative median pay over the last few years — about +22% across the window.

$185,013
2022
$194,243
2023
$203,958
2024
$214,160
2025
$224,847
2026

Illustrative model based on approximate inflation and the role’s long-term outlook — not a surveyed year-by-year history.

Visa information

Skills in Demand / employer nomination

Temporary and permanent skilled visas usually require an occupation on a skills list, skills assessment, and (for many streams) an employer sponsor.

Difficulty for typical skilled hires: moderate. General orientation only — confirm on the official Australia immigration site before relocating or accepting an offer.

Compare Actuary pay

See how a actuary stacks up against similar finance & business roles in Australia.

What’s your take-home?

Calculator opens with this page’s median ($224,847) and Australia tax model — tweak hours, period, or offer amount.

Actuary salary in other Australia cities

Same role, different city — % gap is vs Newcastle.

CityMedian
Canberra, ACT$224,847/yr
Sunshine Coast, QLD$224,847/yr
Wollongong, NSW$224,847/yr
Hobart, TAS$224,847/yr
Darwin, NT$224,847/yr
Mackay, QLD$224,847/yr
Sydney, NSW$169,329/yr
Melbourne, VIC$160,307/yr

Actuary salary in other countries

Capital/largest city sample for each market. % gap converts foreign medians into AUD before comparing with Newcastle.

CountryLocal median
Indonesia flagIndonesiae.g. Jakarta$20,280/yr
Argentina flagArgentinae.g. Buenos Aires$20,846/yr
Vietnam flagVietname.g. Hanoi$21,511/yr
India flagIndiae.g. Mumbai$25,866/yr
Philippines flagPhilippinese.g. Quezon$26,807/yr
South Africa flagSouth Africae.g. Johannesburg$36,813/yr
Thailand flagThailande.g. Bangkok$39,892/yr
Colombia flagColombiae.g. Bogotá$39,504/yr
Turkey flagTurkeye.g. Istanbul$49,547/yr
Brazil flagBrazile.g. São Paulo$51,061/yr

Related Finance & Business jobs in Newcastle

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Browse live job openings for this role, or close the skills gap that separates the median from the top percentiles.

Calculators and comparisons to dig into take-home pay, living costs, and period conversions.

Frequently asked questions

What is the average actuary salary in Newcastle, NSW?
The average actuary salary in Newcastle, NSW is about $324,000 per year, or roughly $155.77 per hour.
What is the salary range for a actuary in Newcastle, NSW?
Most actuary salaries in Newcastle, NSW fall between $213,200 (entry level) and $459,400 (senior level). The 25th–75th percentile band is $268,600 to $391,700.
How much does a actuary make per month in Newcastle, NSW?
A typical actuary in Newcastle, NSW earns about $27,000 per month before tax, based on the annual median of $324,000.
How does Newcastle, NSW pay compare to the Australia average?
Newcastle, NSW pays about the Australia average for this role.
What is the cost-of-living-adjusted actuary salary in Newcastle, NSW?
After adjusting for local prices (cost-of-living index 100, where 100 is the US baseline), the median actuary salary in Newcastle, NSW is worth roughly $324,000 in US-baseline terms.
What skills do actuarys need?
Common skills for a actuary include Statistics, Modeling, Probability, Excel, Reporting. Actual requirements vary by employer and seniority.
Is actuary a growing career?
Employment for actuary roles is projected to change by about +22% over the next decade. Local demand in Newcastle, NSW can differ from the national outlook.
What is take-home pay for a actuary in Newcastle, NSW?
A simplified national income-tax estimate puts median take-home near $212,062 per year (about $17,700 per month), or roughly 35% effective tax on the gross median. Real net pay varies with local taxes, benefits, and filing status.
How much rent might a actuary pay in Newcastle, NSW?
A modeled modest 1-bedroom runs about $2,380 per month in Newcastle, NSW, scaled from a US baseline by the local cost-of-living index (100). Actual listings vary by neighborhood and size.
Where do these Newcastle, NSW salary figures come from?
Figures on Pay by Role are aggregated from public labour-market salary APIs, shown in AUD, and refreshed periodically. They are estimates for informational purposes only and are not a guarantee of individual pay.