Masterchef

MasterChef contestants will bank HOW MUCH by going on the show?! The answer will shock you

Are this year's contestants doing it for love of the craft or is there a lucrative lure to enter the show?

By Jess Pullar
When it comes to MasterChef, there's no denying the talent belonging to some of the contestants.
But like anything, there's got to be at least a little compensation to pouring their hearts and souls into highly stressful challenges as they get tested in ways they've never been before in the elusive kitchen setting.
And while there's no doubt that dollars certainly swap hands between Network Ten and its contestants during the show, the actual sum of said payment has been a little unclear - until now.
Enter us curious folk, who did some digging to find out exactly what lures so many foodies to try their hand at the show each year...
Do you have a MasterChef tip or know one of the contestants? Email us with your tip-off at NowToLoveTips@bauerxcelmedia.com.au
When MasterChef first hit Aussie screens in 2009, the country was immediately enamoured with the cook-off format series.
Now, many of our country's most loved chefs have strong ties with the show - either as former contestants or guest judges.
Indeed the show does seem to be quite the labour of love for budding cooks, who undergo challenging tests against the clock in a format that would stress out even the most cool, calm and collected of us.
But is there at least some kind of lucrative lure to sweeten the deal for those that don't go on to win? Well, as it turns out, it seems there really isn't.
Wait, are MasterChef contestants really not in it for the money? (Image: Network Ten)
Yep, the most recent reports on the show have revealed that contestants are actually only paid slightly more than the legal minimum wage.
According to the Sydney Morning Herald, a mere $630 allowance each week was handed out to the 2013 contestants, which is only slightly more than the minimum $583 a week for an entry level cook.
Added extras included food and accommodation expenses covered, but even so, that's not a lot to write home about.
In 2011, the situation was even more dire, with it being reported that contestants were paid a mere $500 a week - less than half of the average wage of $1,291 at the time, according to News.com.au.
One contestant, Billy Law, spoke out about the shoddy amount, stating that while he didn't really know the difference while filming, his outlook changed after the show.
"That's when the reality hits and it's then the time to start looking for jobs and to start making money again," he explained.
The contestants haven't had a lot of wriggle room for monthly expenses in the past. (Image: Network Ten)
There is of course, one glaringly obvious catch here - despite the show's rather measly pay, there's a very comfortable treat awaiting the grand champion.
Indeed last year, winner Sashi Cheliah was awarded a cool $250,000 in prize money after taking out the top spot.
Not only that, but the show is guaranteed to boost their profile within the industry, with many winners going on to release cook books, host their own shows and even open their own restaurants.
Winner Sashi is now "living the dream", after winning the show last year. (Image: Network Ten)
Case in point: Season 5 winner Emma Dean is a host for daily cooking show My Market Kitchen, while season 4 winner Andy Allen is a co-owner of the Three Blue Ducks restaurants.
These successful foodie career paths are guaranteed to bring in the dollars (particularly when you're living in passionate foodie cities like Sydney and Melbourne).
That being said, one has to win the show before seeing this level of frivolity.
And regardless, the pay on the show does mean that the contestants really are there for the right reasons, proving the authenticity of the competition - something quite refreshing in today's reality TV landscape.
So without further ado, bring on the new season of MasterChef - we're ready to drool!
WATCH: The amazing moment Billie McKay was crowned winner of MasterChef:

For more on MasterChef Australia, check out the links below: