Australian Open 2016 is the first grand-slam of the year in tennis . This year there is 33% increase in the prize money of the event . The winner of men competition will receive $3.8 million and same prize money for the women singles winner . The runner ups from the event will paid upto $1.8 million in male and female singles competition .
Last year Serena Williams and Novak Djokovic dominates the singles competition in 2015 , this year Andy Murray , Stan Warwinka , and Roger Federer were looking to give tough competition and looking strong competitor for the Djokovic the defending champion . Serena Williams have competition from (Maria Sharapova , Eugene Bouchard , and Ana Ivanovic).
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Last year Serena Williams and Novak Djokovic dominates the singles competition in 2015 , this year Andy Murray , Stan Warwinka , and Roger Federer were looking to give tough competition and looking strong competitor for the Djokovic the defending champion . Serena Williams have competition from (Maria Sharapova , Eugene Bouchard , and Ana Ivanovic).
| Stage | Men Singles | Women Singles | Men Doubles | Women Doubles | Mixed Doubles | Other Events |
| Winner's | $3.8 million | $3.8 million | $600,000 | $600,000 | $150,000 | - |
| Runner-up's | $1.8 million | $1.8 million | $260,000 | $260,000 | $71,500 | - |
| Semi Final's | $650,000 | $650,000 | $142,500 | $142,500 | $35,600 | - |
| Quarter Final's | $340,000 | $340,000 | $71,000 | $71,000 | $16,300 | - |
| 4th Round | $175,000 | $175,000 | $39,000 | $39,000 | $8,200 | - |
| 3rd Round | $97,500 | $97,500 | $23,000 | $23,000 | $4,000 | - |
| 2nd Round | $60,000 | $60,000 | $14,800 | $14,800 | - | - |
| 1st Round | $34,500 | $34,500 | - | - | - | - |
| Total | $15m | $15m | $2.6m | $2.6m | $500K | $2.2m |

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