Tasmanian Supreme Court justices have become the second-highest-paid judicial cohort in Australia, surpassing Federal Court judges and trailing only High Court members.

The shift follows a new remuneration formula that links Tasmanian salaries to those of chief justices in other states, effective from July 1.

The adjustment places Tasmania ahead of New South Wales, Queensland, and Victoria in the national hierarchy of judicial pay.

The change reflects a broader trend in public-sector compensation, where jurisdictions are recalibrating salaries to remain competitive in an increasingly international market for senior talent.

This development arrives as leading firms and public bodies review executive and senior official pay structures.

The Tasmanian model highlights how regional jurisdictions can leverage comparative benchmarks to elevate compensation packages, potentially influencing future debates on judicial remuneration across other states.