$33,000 First Prize
- $28,000 The City of Greater Shepparton Prize
- $5,000 The Daphne Turnbull Bursary for music career development
The First Prize recipient may be offered other recital engagements with a performance fee subsequent to the Award.
$13,000 Second Prize
- $10,000 The Fairley Foundation Prize
- $3,000 The Daphne Turnbull Bursary for music career development
$7,000 Third Prize
- $5,000 The Beleura, John Tallis Prize
- $2,000 The Daphne Turnbull Bursary for music career development
Special prizes
| $1,000 | The Max Cooke Encouragement Award Sponsored by the Australian National Piano Award |
| $1,000 | The Shepparton News Prize Best performance of a work by Bach |
| $1,000 | The Leona and Bruce Sterling Prize Best performance of a work by Mozart or Beethoven |
| $1,000 | The Jenny Houlihan Prize Best performance of a work by Haydn or Schubert |
| $1,000 | The Pam Wells Prize Best performance of a work by Chopin |
| $1,000 | The Horton Family Prize Best performance of Romantic-era repertoire (excluding Chopin) or 20th-century music up to 1950 |
| $5,000 | The Andreadis Family Australian Composition Commission Prize Best performance of music composed from 1951 onwards |
| $5,000 | Prize for best performance as voted by the audience |
The Andreadis Family Australian Composition Commission Prize
The prize supports the commissioning of a new work by an Australian composer. The commissioned piece is intended to be premiered and performed by the prize recipient at a later date.