Did you know that Australia's average full-time salary is $89,000, or about $1712 a week?
Australian Bureau of Statistics
The Australian Taxation Office (ATO) released in June 2021 the latest Taxation Statistics report, revealing Australia’s ten highest-earning professions. These highly appealing occupations allow specialists to take home over $150,000 a year, with the highest-paid career rewarding its professionals with an average salary of almost $400,000. Unsurprisingly, careers in the medical field take out half of the top ten spots on the list.
We know Money is not everything, but it is a good starting point to judge or evaluate certain education and career paths. Thus, you can clearly understand how much money you might earn after completing your degree or qualification. However, the information provided is based on average taxable income, meaning that people might be making more or less depending upon their skills and experience in the industry.
10. Engineering Manager
🖇️ Field
Engineering
📈 Future Demand and Growth
Strong
💸 Average Annual Income
$159,940
🧍Number of Individuals in the profession
25,578
👨🏽🎓Qualification Required
Bachelor's or Masters degree in Engineering Management. Certificates and Diplomas might take place when they are combined with industrial experience.
📚 Available Courses
Starting from $9000 a Year
9. Chief Executive Officer (CEO) or Managing Director
🖇️ Field
Business and Management related
📈 Future Demand and Growth
Stable
💸 Average Annual Income
$164,896
🧍Number of Individuals in the profession
190,386
👨🏽🎓Qualification Required
Any business-related course might help you undertake a career as an Executive Director. Courses in Accounting, Business, Marketing, Project Management will be an excellent way to start.
📚 Available Courses
Starting from $4000 a Year
8. Mining engineer
🖇️ Field
Engineering
📈 Future Demand and Growth
Strong
💸 Average Annual Income
$184,507
🧍Number of Individuals in the profession
8,856
👨🏽🎓Qualification Required
Engineering qualification, either on a bachelor or Masters level, with a major in Mining.
📚 Available Courses
Starting from $24,000 a Year
7. Judicial or other legal professionals
🖇️ Field
Law
📈 Future Demand and Growth
Moderate
💸 Average Annual Income
$188,798
🧍Number of Individuals in the profession
3,866
👨🏽🎓Qualification Required
Law Degree
📚 Available Courses
Starting from $55,000 a Year
6. Medical Practitioners
🖇️ Field
Healthcare (Cardiologist, Oncologist, Radiologist, Gynaecologist, Dermatologist, among others).
📈 Future Demand and Growth
Strong
💸 Average Annual Income
$222,933
🧍Number of Individuals in the profession
28,404
👨🏽🎓Qualification Required
Formal Qualification are a must, including Higher Degrees + specialisation in the selected area.
✅Additional Requirements
Registration with the Australian Medical Board.
📚 Available Courses
Medical Degree Starting from $33,000 a Year
5. Psychiatrist
🖇️ Field
Healthcare (Psychiatrist)
📈 Future Demand and Growth
Strong
💸 Average Annual Income
$235,558
🧍Number of Individuals in the profession
3,001
👨🏽🎓Qualification Required
Medical Degree plus additional training with Royal Australian & New Zealand College of Psychiatrists.
✅Additional Requirements
Registration with the Australian Health Practitioner Regulation Agency.
📚 Available Courses
Medical Degree Starting from $33,000 a Year
4. Financial dealer
🖇️ Field
Finance
📈 Future Demand and Growth
Stable
💸 Average Annual Income
$275,984
🧍Number of Individuals in the profession
4,720
👨🏽🎓Qualification Required
Degrees in Commerce, Finance or Accounting
📚 Available Courses
Starting from $14,000 a Year
3. Internal medical specialist
🖇️ Field
Healthcare
📈 Future Demand and Growth
Moderate
💸 Average Annual Income
$304,752
🧍Number of Individuals in the profession
9,559
👨🏽🎓Qualification Required
A medical degree and a fellowship with the Royal Australasian College of Physicians.
📚 Available Courses
Medical Degree Starting from $33,000 a Year
2. Anaesthetists
🖇️ Field
Healthcare
📈 Future Demand and Growth
Strong
💸 Average Annual Income
$386,065
🧍Number of Individuals in the profession
3,412
👨🏽🎓Qualification Required
Medical degree with 1-year internship and hospital training as a resident doctor. An anaesthetist will undergo five years of specialist training with the Australian and New Zealand College of Anaesthetists.
📚 Available Courses
Medical Degree starting from $33,000 a Year
1. Surgeons
🖇️ Field
Healthcare
📈 Future Demand and Growth
Strong
💸 Average Annual Income
$394,303
🧍Number of Individuals in the profession
4,150
👨🏽🎓Qualification Required
Medical Degree and specialised training with the Royal Australasian College of Surgeons.
📚 Available Courses
Medical Degree starting from $33,000 a Year
Additional Occupations earning more than $100,000 per year are
1. IT Manager- $130,027
2. School Principal – $121685
3. Electrical Engineer – $115,687
4. Train or tram driver $114,296
5. Construction manager – $109,000
6. Advertising and sales manager – $105,451
7. Auditor, company secretary or corporate treasurer – $105,337
8. Computer network professionals – $101,202
If you would like to find out more about courses or you are planning to study in Australia, please book a free consultation with one of our Education Experts. Otherwise, let us know which qualification you are currently studying in Australia.