The world’s best tennis players will be competing for more than AUD $100 million prize money this summer.
The historic prize pool is a result of a record $76.5 million in prize money for the Australian Open (a 3.4 per cent increase) as well as the addition of the lucrative new United Cup event.
“It is critical to the continued success of the Australian tennis summer that we provide strong and relevant playing opportunities and ensure that the best players in the world are compensated appropriately. We want to ensure Australia is the launchpad for the global season and that we see as much of them as possible. They inspire us all to engage in this great sport as well as inspiring future generations,” Australian Open Tournament Director Craig Tiley said.
“We are delighted to have more than $100 million in prize money on offer across the Australian summer, along with more chances to compete across the country. We’ve worked tirelessly alongside the ATP and WTA to launch the exciting new United Cup, which includes its own significant ranking points and prize money, a further two WTA and ATP events in Adelaide, the Hobart International and an upgraded ATP 100 Challenger in Canberra.
“At the Australian Open we’ve upped prize money for every round from qualifying, through to the finals, with the major increases in the early rounds, where these substantial rewards help players invest in their own careers and in many cases, set themselves up for success throughout the year.”
2023 Australian Open Singles Prize Money (Men & Women)
| Round | Prize Money |
| Champion | $2,975,000 |
| Finalist | $1,625,000 |
| Semi-finalist | $925,000 |
| Quarter-finalist | $555,250 |
| R16 | $338,250 |
| R32 | $227,925 |
| R64 | $158,850 |
| R128 | $106,250 |
2023 Australian Open Doubles Prize Money (Men & Women per team)
| Round | Prize Money |
| Champion | $695,000 |
| Finalist | $370,000 |
| Semi-finalist | $210,000 |
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