Top 10 highest-paying jobs in Australia for 2023

7 Feb, 2023
5 min read

For a better quality of life, many individuals relocate to Australia from all over the world. Australia promises a relaxed way of life with great weather, accessible wonderful seashore picnics, and cold and the world's best beers. 

Australia is a relatively safe country to live in, despite the presence of a few extremely deadly creatures, insects, and animals. Moving to Australia is not just because of the beaches and barbecues; many high-paying jobs are also available for skilled professionals. In Australia, you can work in any industry and make a respectable living.

Australia is known for having a strong and diverse economy, which is why it's no surprise that the country has a wide range of high-paying jobs. Whether you're looking to work in healthcare, finance, or teaching, there is a career path for everyone in Australia.

Here are the 3 reasons that make Australia a perfect choice for international students:

  • Affordable education options compared to other popular study destinations.
  • Easy post-work visa permits.
  • High-paying job opportunities

Australia Employment Projections in 2023

The unemployment rate in Australia in October 2022 was 3.4 percent. It is expected that Australia will face the challenge of a skills shortage in the coming years. According to Deloitte Access Economics, there was an increase in white-collar jobs during 2020-2021 and 2021-2022. White-collar jobs are expected to increase by 2.8 percent in 2022-2023.

Let’s discuss some of the high-paying jobs!

Here is the list of the top 10 highest-paying jobs:
1. HealthCare
2. Psychiatrist
3. Anaesthetist
4. Corporate Lawyers
5. Engineering
6. IT & Software Development
7. Finance & Accounting
8. Hospitality
9. Teaching
10. Sales & Marketing

The Top 10 highest-paying jobs in Australia
1. Healthcare
In Australia, the healthcare sector has grown over the previous five years, and growth is anticipated to continue in 2023. It's important to note that salaries can vary depending on several factors, including location, experience, and qualifications.
The most in-demand jobs are:
  • Orthodontist- Average salary of AUD 400,000 per year
  • Surgeons- Average salary of AUD 386,000 per year
  • Doctor- Average salary of AUD 160,875 per year
  • Dentist- Average salary of AUD 130,000 per year
  • Nursing- Average salary of AUD 100,008 per year
2. Psychiatrist
Psychiatrists are needed to help persons hampered by mental health issues because they are experts in the field. The typical yearly income for these doctors is AUD 220,000. They specialise in recognising and prescribing effective treatments for various psychological illnesses.

3. Anaesthetist
Anaesthetists are highly specialised medical doctors responsible for administering anaesthesia to patients during any medical procedure. 

Typically, these experts earn an average salary of AUD 400,000 annually and play a vital role in ensuring that patients stay safe and comfortable throughout their medical process.

4. Corporate Lawyers
Businesses and organisations rely on the expertise of their dedicated legal advisors, whose average annual salary is AUD 200,000. Without them, companies would be vulnerable to potential financial losses or costly litigation.

5. Engineering
This field is highly sought-after in Australia, with a wide range of specialties, including civil, mechanical, electrical, and chemical engineering. They are integral to the Australian economy. So, a salary of AUD 100,000 to 150,000 per year is typical.

6. IT & Software Development 
The IT industry is growing rapidly in Australia, and there is a high demand for skilled professionals in the field. 

Jobs in IT and software development are among the highest paying in the country, with salaries ranging from AUD 80,000 to 120,000 per year.

7.  Finance & Accounting
The finance and accounting industry is a critical component of the Australian economy, and there is a high demand for skilled professionals. Jobs in finance and accounting include financial analysts, accountants, and financial managers, and they typically earn a high salary.

The average salary range for finance and accounting professionals is between AUD 60,000 to 150,000 per year, depending on the experience level and type of role.

8. Hospitality
Jobs in hospitality include hotel management, chefs, and waitstaff, and they typically earn a high salary due to the nature of their work.

The average salary range for hospitality professionals is between AUD 40,000 to 80,000 per year, depending on the type of role and level of experience.

9. Teaching
Teachers play a critical role in shaping the country’s future, earning a high salary. Jobs in teaching include primary school teachers, secondary school teachers, and university professors.

The average salary range for teachers is between AUD 60,000 to 100,000 per year, depending on the experience level and type of role.

10. Sales & Marketing
Jobs in sales and marketing include sales representatives, marketing managers, and brand managers, and they typically earn a high salary.

The average salary range for sales and marketing professionals is between AUD 60,000 to 150,000 per year, depending on the level of experience and type of role.

Conclusion 
So that you know the top 10 highest paying jobs in Australia, students should make a mindful decision while choosing their course to study in Australia. With a strong economy, a high standard of living, and many high-paying job opportunities, Australia is an excellent place to start or continue your career. 
If you are aiming to study in Australia, get in touch with us today.