Australian open prize money hits record high

Australian Open prize money has increased by 16 per cent on last year to a record total for the tournament starting January 18. Organisers of the season’s first tennis major on Tuesday announced their largest prize pool ever in local currency, with the total for 2026 set at 111.5 million Australian dollars (US $75 million). That was up from 96.5 million Australian dollars in 2025. The women’s and men’s singles champions will win 4.15 million Australian dollars ($2.8 million), a 19 per cent increase on last year.

Prize money for the qualifying tournament will increase by 16 per cent and organisers say all main draw singles and doubles players will get a minimum 10 per cent increase.  Tennis Australia chief executive Craig Tiley said the increase “demonstrates our commitment to supporting tennis careers at every level.” “From boosting qualifying prize money by 55 per cent since 2023 to enhancing player benefits, we’re ensuring professional tennis is sustainable for all competitors,” Tiley said. “By supporting players at all levels, we’re building deeper talent pools and more compelling storylines for fans.