Top 10 highest paying jobs in Australia

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Did you know that Australia's average full-time salary is $89,000, or about $1712 a week?

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.

Engineering Manager

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

CEO
Mining Engineering

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

Legal Professionals
Medical Practitioners

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

Psychiatrist
Financial Dealer

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

Internal Medical Specialist
Anaesthetist

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

Surgeon

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.

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