All pay rates under the Banking, Finance and Insurance Award (MA000019) for 2026-27, including base rates, casual rates, penalty rates, and break rules.
Last verified: 19 July 2026MA000019 · Finance
Common roles: Bank teller, Customer service officer, Claims officer, Loans officer, Insurance consultant
$26.97
Base rate/hr
$33.71
Casual rate/hr
| Level | Base Rate/hr | Casual Rate/hr | Weekly (38hrs) | Annual |
|---|---|---|---|---|
| Level 1 | $26.97 | $33.71 | $1,024.86 | $53,292.72 |
| Level 2 | $29.45 | $36.81 | $1,119.10 | $58,193.20 |
| Level 3 | $31.11 | $38.89 | $1,182.18 | $61,473.36 |
| Level 4 | $32.67 | $40.84 | $1,241.46 | $64,555.92 |
| Level 5 | $33.99 | $42.49 | $1,291.62 | $67,164.24 |
| Level 6 | $38.07 | $47.59 | $1,446.66 | $75,226.32 |
Early morning shift
$30.34/hr
1.125x base
Afternoon shift
$32.36/hr
1.2x base
Night shift
$33.71/hr
1.25x base
Rates shown for Level 1 ($26.97/hr base).View full penalty rate table →
Select your classification level and penalty type below.
| Award | Base Rate | Casual Rate | Sunday | Public Holiday |
|---|---|---|---|---|
| Banking, Finance and Insurance Award | $26.97/hr | $33.71/hr | — | — |
| Hospitality Award | $26.44/hr | $33.05/hr | $39.66/hr | $59.49/hr |
| Retail Award | $27.81/hr | $34.76/hr | $41.71/hr | $69.52/hr |
| Clerks Award | $26.97/hr | $33.71/hr | $53.94/hr | $67.43/hr |
| Building Award | $26.67/hr | $33.34/hr | $53.34/hr | $66.68/hr |
Under the Banking, Finance and Insurance Award (MA000019), the Level 1 base rate is $26.97/hr from 1 July 2026. The casual rate (including 25% loading) is $33.71/hr. Higher classification levels receive progressively higher rates.
The Banking, Finance and Insurance Award does not specify a separate Sunday penalty rate. Check the award for specific provisions.
Check the award for specific public holiday provisions.
The Banking, Finance and Insurance Award covers employees in the finance industry. Common job titles include Bank teller, Customer service officer, Claims officer, Loans officer, Insurance consultant.
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General information and estimates only — not legal, financial or tax advice. Always check your specific award, agreement or contract, or a qualified professional, before you rely on the result.
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