Australia is known for its rich culture and promising job prospects. Owing to its low density of population, it has a remarkable higher rate of employment and greater salary options when compared to other developed countries across the globe.
As per the latest employment projections of The National Skills Commission (NSC), up until 2026, four services industries are expected to cover nearly two-thirds (65.4%) of the overall projected employment landscape. Below are the most promising jobs and high-salaried verticals for the next four years.
- Health care and social support
- Engineering and technical services
- Education Management
- Hospitality and Leisure
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While opting for a stable career, salary tops the chart as a key requirement to finalize the professional path, money acts as a foremost stimulus to choose work and ensuring a comfortable life. Australia provides an impeccable standard of living, exceptional education, and employment rights for immigrants. Professionals aspiring to build a career in Australia need to be thorough with the employment trends and average salary offered industry-wise.
Below are the top trending jobs in Australia along with average salary trends:
In this article, we will explore in detail the highest-paying jobs for Indians in Australia so that you can acquaint yourself with the job market and plan your immigration goals accordingly.Medical Experts
Australia is home to world-class health care facilities, with medical practices like anesthetists, surgeons, psychiatrists, and so on.
The medical field has the highest paying jobs in Australia and the following professions are the top picks.
- Surgeons: Nearly 4,000 Australians work as Surgeons and earn an average salary of $394,866
- Anaesthetists: Over 3,000 experts in Australia work as anesthetists with an average salary of $367,343.
- Specialists in Internal Medicine: Over 8,500 are working as Internal Medicine experts with an average salary of $299,378 yearly
- Psychiatrists: Approximately 2, 800 professionals are employed as Australia has psychiatrists, and receive an average salary of $216,075.
- Supporting Medical Staff: Specialists working across the miscellaneous medical departments are considered in this category. More than 28,000 people are working as Medical staff with an average salary of $216,075.
Finance, Banking, and Business
In recent times, the BFSI sector has witnessed a boom in Australia, which has paved the way for the expansion of the financial sector and thereby opening up a wide array of prospects for Immigrants who are interested in Finance, Banking, and Business profession. This industry vertical offers the most high-paying jobs in Australia.
Here are the trending BFSI positions that make the highest amount of salary:
- Finance Dealers: Nearly 4,500 employees are employed as finance dealers with an average salary of $261,008.
- Executive/Leadership Positions: About 174,000 professionals are employed at executive management posts, taking home an average salary of $157,643.
- Finance Managers: The average salary in this vertical is around $131,993.
- Financial Planning and Analysis: A financial planner or analyst can earn nearly an average income of $129,238 in Australia.
- Company Secretary: A practiced Company Secretary with experience in monitoring and steering the company can earn around an average salary of $128,641
- Construction Supervisors, and Project Managers: Experts employed in these positions have an average salary of $130,000
- Strategy and Consulting: Professionals working in strategy and consulting positions earn up to $126,000 as an average salary.
- Insurance and Superannuation Officials: Professionals with risk management background opts for these positions with an average salary of $124,480 in Australia.
Information and Communication Technology (ICT) ExpertAs Data and Technology are emerging as the most employable verticals worldwide, the Australian job market is also witnessing this robust technological change. The country is facing a surge in vacancies for ICT experts, making it one of the high-paying jobs in Australia.
Below are details on the average salary of an ICT professional in Australia
- Systems Architect (ICT): The ICT System Architect is an expert in the design, development, and testing of an organizational infrastructure equipped with an internal network. Based on the extremely intricate and technical requirements of this vertical, an ICT professional earns an average salary of $139,883 in Australia.
- Manager (ICT): When the company needs an expert who can fulfill the business development requirement along with providing insights on technical bottlenecks, the ICT Manager comes into the frame. The estimated average salary of an ICT Manager is nearly $134,639 in Australia.
- Technical Security Architect: An IT Security Architect ensures that the company infrastructure and data are protected and well-secured as data is the prime asset for any company. Therefore, an IT Security Architect earns nearly an average wage of up to $124,000, a much higher average income compared to other IT pay packages.
- Cloud Engineer: As per LinkedIn, cloud computing has been the top in-demand technical skill. Hence, this is also a booming market in Australia. Professionals like Cloud Engineers, Cloud Security architects, Cloud Network Analysts, etc. earn nearly $112,000 in Australia.
- Data Scientist: These professionals are mostly responsible for gathering, analyzing, and interpreting mass amounts of data and turning it into actionable and valuable information. Every industry vertical is in need of skilled and competent data scientists, making it an extremely well-paid occupation. A Data Scientist in Australia makes nearly an average salary of $100,000.
Structural/Mechanical and Mining Engineering
Immigrants with an engineering background have huge scope in the Australian job market. Below are the details of the average salary for a few branches of engineering:
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- Structural Engineers: These professionals are responsible for the detailed design of Building structures pertaining to railways, power plants, Oil & Gas and so on. Their average salary for a year is around $106,914.
- Mechanical Engineers: These professionals supervise and steer fabrication, application, operation, installation, and maintenance of mechanical or electromechanical systems and equipment. Their average salary in Australia is over $130000 per annum.
- Mining Engineers: Mining offers comprehensive job prospects to immigrants as Australia has a huge requirement for the Mining vertical and presently 8, 000 engineers are employed across Australia. The average salary is nearly $167,345 for a Mining Engineer in Australia.
- Engineering Supervisors: The day-to-day job role of an Engineering Supervisor/Manager is to oversee and evaluate the engineering work. Over 25, 000 professionals are working in similar roles with an average salary of $147,451 in Australia.
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