Top 4 companies for Business Analyst Salary in Australia

The average business analyst salary in Australia is is $106,037. This figure is based on a dataset of 1.6k reported salaries, with the information updated as of 24th June 2023. Salary ranges for Business Analysts in Australia typically span from $99,996 to $144,125 per year. Entry-level or junior Business Analysts tend to start at the lower end of this range, while senior or lead Business Analysts earn towards the higher end.

It’s important to note that salaries can vary over time due to factors such as economic conditions and market demand. For the most precise and up-to-date information on average Business Analyst salaries in Australia, it is recommended to refer to recent salary surveys, job listings, or seek advice from recruitment agencies specializing in business analyst roles.

What is a Business Analyst ?

A Business Analyst is a professional who acts as a bridge between business stakeholders and technology teams within an organization. Their primary role is to analyze business processes, gather requirements, and propose solutions to address organizational challenges. Business Analysts work closely with stakeholders to understand their objectives, document requirements, and ensure that technology projects align with business goals.

Additionally, Business Analysts play a crucial role in facilitating effective communication between business and technical teams, ensuring that everyone is aligned and working towards a common objective. They possess strong analytical skills, effective communication abilities, and a solid understanding of both business and technology domains.

Read more How to become a business analyst

Which business analyst has highest salary?

Business analyst has highest salary are finance. In addition, other industries such as technology, consulting, and healthcare tend to offer higher salaries for business analysts due to the complexity of their operations and the value they place on data-driven decision-making. Additionally, major financial centers and technology hubs around the world, such as New York City, London, San Francisco, and Singapore, often offer higher salaries to business analysts.

However, it’s important to note that individual salaries can still vary significantly within these industries and regions based on factors such as the analyst’s level of experience, educational background, specific skills, and the size and reputation of the company they work for.

Top 4 Highest-Paying Business Analysts Companies In AUS

Here are four companies in Australia that have been recognized for offering competitive salaries to business analysts:

South Western Sydney Local Health District$131,292 per year

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South Western Sydney Local Health District is one of the largest health districts in the state. The District’s vision is to provide a healthcare service that is patient focused, equitable and responsive to the changing and developing needs of the communities in south western Sydney.

SWSLHD covers seven Local Government Areas from Bankstown to Wingecarribee and has a population of approximately 820,000 people. So business analysts play a crucial role in analyzing data, identifying operational efficiencies, and implementing strategies to improve healthcare delivery and patient outcomes.

Corporate Services, Inc. – $130,689 per year

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Corporate Services, Inc. is a notable company known for its expertise in providing comprehensive corporate solutions and services. As a trusted partner to businesses, Corporate Services, Inc. offers a range of specialized services to support various aspects of corporate operations. From human resources and payroll management to finance, accounting, and administrative support, the company aims to streamline and enhance the efficiency of corporate functions.

Corporate Services, Inc. is known for offering the highest pay for Business Analysts due to their recognition of the critical role that Business Analysts play in driving business success. Their competitive compensation packages reflect their commitment to attracting and retaining top talent in the field. Additionally, Corporate Services, Inc. may prioritize the value of business analysis and the impact it has on their overall performance and strategic decision-making processes.

Transport for NSW – $128,224 per year

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Transport for NSW is a prominent government agency responsible for the planning, coordination, and management of transportation systems and infrastructure in New South Wales, Australia. As an integral part of the New South Wales Government, Transport for NSW oversees various modes of transportation, including trains, buses, ferries, light rail, and roads.

Transport for NSW offers the highest pay for Business Analysts due to several factors. Firstly, the organization operates within the transportation sector, which demands specialized skills and knowledge in areas such as infrastructure development and transportation planning. Secondly, Transport for NSW recognizes the strategic importance of effective business analysis in managing complex transportation projects and improving operational efficiency. Finally, as a government entity, Transport for NSW may have the resources and budget to offer competitive salaries to attract and retain top talent in the field of Business Analysis.

ANZ – $118,191 per year

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ANZ, also known as Australia and New Zealand Banking Group Limited, is one of the largest banking and financial services institutions in Australia and New Zealand. Founded in 1835, ANZ has a long and rich history, playing a significant role in the development of the banking sector in the region.

Business analysts play a crucial role in ANZ’s operations, contributing their expertise in data analysis, process improvement, and strategic decision-making. Salaries for business analysts in ANZ, like in other banks, can vary depending on factors such as experience, qualifications, seniority, and the specific responsibilities associated with the role.

Final Thought

Additionally, it’s worth noting that salaries for business analysts can also vary based on the level of experience, additional certifications or qualifications, and the scope of responsibilities associated with the position. Therefore, considering these factors is important when assessing the salary range for business analysts within any other corporate organization.

Is business analyst in high demand in Australia?

Yes, business analysts are in high demand in Australia. The role of a business analyst is critical for organizations to make informed decisions and drive strategic initiatives. As technology continues to advance and businesses rely more on data-driven insights, the demand for skilled business analysts has been growing.