Prize Money
| Event | W | F | SF | QF | 4R | 3R | 2R | 1R | |
| Singles | Men | A$103,875 | A$51,938 | A$25,959 | A$13,336 | A$7,171 | A$4,172 | A$2,607 | A$1,690 |
| Women | A$115,000 | A$55,000 | A$27,000 | A$13,500 | A$6,775 | A$3,700 | A$1,900 | A$950 | |
Total prize money for the event was A$1,372,375.
Read more about this topic: 1987 Australian Open
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