Anthony Albanese getting a huge pay rise within weeks: Here’s how much he will now make as Prime Minister of Australia

Anthony Albanese and other politicians are set to receive a pay rise, with the Prime Minister’s salary lifting from around $607,471 to over $622,000. 

Federal politicians, senior public servants and departmental secretaries will receive a ‘relatively modest’ 2.4 per cent pay rise from July 1, according to a determination of the 2025 Review of Remuneration for Holders of Public Office on Wednesday.

This pay rise, which will see Albanese’s salary rise by $15,000, is in line with the inflation figure for March.

‘The Tribunal notes the domestic economy is continuing to stabilise following a period of elevated inflation and that many Australians continue to experience financial challenges,’ the tribunal noted.

‘In the current economic context, the Tribunal considers an increase of 2.4 per cent appropriate.’

‘This adjustment reflects a measured approach, balancing the need for restraint given economic conditions with the recognition of the upward pressure on household costs.’

Last year, the tribunal determined a 3.5 per cent increase for politicians and public servants.

But it insisted that the ‘remuneration increases the Tribunal has awarded to offices in its jurisdiction over the past decade have been relatively modest’. 

This pay rise, which will see Anthony Albanese’s salary rise by $15,000, is in line with the inflation figure for March

‘Including the current decision, the cumulative total of remuneration increases awarded by the Tribunal since 2016 amounts to 18.65 per cent.

‘In contrast, remuneration increases more generally in the public and private sectors (based on overall March WPI data from 2016 – 2025) equate to 25.6 per cent.’