The Australian Open total prize money for 2017 was increased by 14% to tournament record A$50,000,000.
| Event | W | F | SF | QF | Round of 16 |
| Singles | A$3,700,000 | A$1,900,000 | A$900,000 | A$440,000 | A$220,000 |
| Doubles* | A$650,000 | A$325,000 | A$160,500 | A$80,000 | A$40,000 |
| Mixed Doubles* | A$150,000 | A$75,500 | A$37,500 | A$18,750 | A$9,000 |
| Round of 32 | Round of 64 | Round of 128 | Q3 | Q2 | Q1 |
| A$130,000 | A$80,000 | A$50,000 | A$25,000 | A$12,500 | A$6,250 |
| A$23,000 | A$14,800 | N/A | N/A | N/A | N/A |
| A$4,500 | N/A | N/A | N/A | N/A | N/A |
Qualifiers prize money was also the Round of 128 prize money.
*per team
