Australia is the land of wonders; it's where dreams turn into reality. On average, thousands of international students flock here for further education and employment every year. Given the economic condition of the place, Australia has a healthy job market. With the right amount of skills and qualifications, one can get an outstanding job with an excellent six-figure salary package.
What Are The Highest Paying Medical Jobs In Australia?
Most of the highest paying jobs in Australia belong to the medical and healthcare fields. This comes as no surprise given their rigorous work schedule, hard work, and gratifying purpose. To assist you in evaluating your career ambitions, the job market, and the most demanding occupations in Australia, we have created a list of the top 20 highest paying jobs in Australia. Here are a few of highest paying jobs in Australia in the medical field.
1. Surgeon
Salary: $600,400
Primary Responsibilities/Duties: Preoperative Diagnosis, Operating, Postoperative Surgical Care and Treatment
Skills Needed: Specialist knowledge, Communication Skills, Extensive experience, Leadership skills, Emotional resilience
Prerequisites: MBBS and MS in General Surgery
Surgeons consult, examine, and operate on patients with illnesses, wounds, or physical deformities. This profession is considered one of the highest paying jobs in Australia. Numerous kinds of surgeons possess different levels of experience and training qualifications. Neurosurgeons are the highest-paid medical experts, followed by reconstructive surgeons ($500,269) and ophthalmologists ($533,511). So, no wonder this is one of the highest paying jobs in Australia!
2. Anaesthetist
Salary: $386,000
Primary Responsibilities/Duties: anaesthetic plans, Initiating anaesthesia in the operating room, Monitoring patients, Reversing anaesthesia,
Skills Needed: strong interpersonal communication skills, extensive experience
Prerequisites: MBBS, Anaesthetist vocational training, Fair amount of experience
You might be familiar with the phrase "knock 'em dead." Well, an Anaesthetic does that, not the dead part, of course; they just knock you out. Anaesthetists are also considered one of the highest paying jobs in Australia. They prepare surgical patients for their procedure, which includes pain relief, surgery preparation, and implementing a patient care plan before, during, and after the process.
3. Internal Medicine Specialist
Salary: $304,750
Primary Responsibilities/Duties: Prescribe medication and therapy, treat illness, disease, or injury
Skills Needed: Strong medical knowledge, Clinical skills, Patient-centered care, Time management, Empathy and compassion
Prerequisites: MBBS, three-year internal medicine residency, training in adult internal medicine
Internal medicine professionals are prepared to identify, manage, and resolve complex, occasionally challenging health issues. It is considered one of the highest paying jobs in Australia. They frequently consult with other doctors and might have specialities in rheumatology, infectious diseases, cardiology, or geriatric medicine.
4. Psychiatrist
Salary: $235,558
Primary Responsibilities/Duties: treatments or psychological therapies, creating medical treatment plans
Skills Needed: Communication, Active Listening, Leadership, Logical Reasoning, problem-solving, critical thinking
Prerequisites: MBBS and MD or Diploma in Psychiatric Medicine (DPM)
Psychiatrists are licensed physicians with specialised training in mental health, and it’s one of the highest paying jobs in Australia. They specialise in the diagnosis and assessment of mental disorders. They specialise in identifying and treating mental diseases like schizophrenia, depression, bipolar disorder, and addiction by ordering laboratory tests, conducting assessments, prescribing medicine, and checking patients into hospitals. Psychiatrists have some of the best jobs in Australia.
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5. Cardiologist
Salary: $351,827
Primary Responsibilities/Duties: Diagnose disorders and diseases of the cardiovascular system, conduct diagnostic testing, disease-management plans, Prescribe medicines
Skills Needed: Excellent interpersonal skills, Supreme confidence, Decision-making abilities
Prerequisites: MBBS and MS, Advanced Training in Cardiology, Experience
Cardiologists are doctors who specialise in the prevention, detection, and treatment of cardiac diseases. This field has some of the highest-paid doctors in Australia. They are specialists in the arteries and veins that transport blood and the heart muscle. This high-stakes job pays well and involves everything from administering tests to performing procedures; hence, it is one of the highest paying jobs in Australia.
What are the Highest Paying Business Jobs in Australia?
If you have ever asked yourself this question: What good will a business degree do to me in Australia? The answer is a lot! The possibilities are endless, and getting the pay is also generous if you study from the best business schools in Australia. Here are some of the highest paying jobs in Australia that you should consider while planning your business career.
6. Project Manager
Salary: $106,954 (AUS)- $165,000(AUS)
Primary Responsibilities/Duties: Plan and Develop the Project Idea, Create and Lead Your Dream Team, Monitor Projects, Solve Issues, Stakeholder Satisfaction
Skills Needed: Project management, Risk management, communication, negotiation, problem-solving, decision-making, Leadership
Prerequisites: Undergraduate degree in Business Management, Postgraduate degree in Project Management, Industry-recognised certification related to Project Management
The demand for project managers is growing quickly across various industries, making it one of Australia's most demanding career fields and highest paying jobs in Australia. There is a lack of qualified project managers in Australia's large corporations and companies, stalling many big and ambitious company projects. As a project manager, you will manage specific projects of an organisation from its start to the execution phase. Tasks like supervising the entire project, coordinating, planning, and ensuring timely delivery within the allocated budget will be some of the core responsibilities.
7. Sales Manager
Salary: $80,000 (AUS)- $170,000 (AUS)
Primary Responsibilities/Duties: Building and leading a team of salespeople to help drive revenue
Skills Needed: Communication, negotiation, problem-solving, decision-making, Leadership
Prerequisites: Undergraduate Degree in Sales and marketing, MBA, sales experience
Sales Manager is considered one of the highest paying jobs in Australia. The country is actively hiring highly qualified sales experts who can work in various industries. Additionally, you are responsible for creating strategies for boosting sales and keeping track of goals and results. In some cases, sales managers are also given the additional responsibility of hiring and training sales associates.
8. Digital Marketing Manager
Salary: $80,000 (AUS)- $170,000 (AUS)
Primary Responsibilities/Duties: Planning digital marketing campaigns, Maintaining our social media presence, Measuring and reporting on the performance
Skills Needed: Content marketing, Social media marketing, Communication, Creativity, Strategic thinking, Advertising
Prerequisites: Undergraduate degree in Marketing, Business, Social or Digital Media, Masters in Digital Marketing
If you have a degree in digital marketing, the essential skills, or you want to be one, don't think twice about picking Australia. The demand for a digital marketing manager has increased for many Australian businesses due to the exponential growth and influence of digital marketing every year. It is considered one of the highest paying jobs in Australia. As a digital marketing manager, you will assist with brand visibility as well as plan and carry out digital marketing strategies. Promoting and examining important indicators to ensure a smooth operation. Make sure to check out our blog on Masters in Digital Marketing in Australia if you are interested in a career involving digital marketing.
9. Business Analysts
Salary: $99,431 (AUS)- $141,326 (AUS)
Primary Responsibilities/Duties: Solution Design and Evaluation, Stakeholder Management, Quality Assurance and Testing, Requirement Elicitation and Analysis
Skills Needed: Communication, Business analysis, Data analysis, Problem-solving, Business intelligence
Prerequisites: Undergraduate or postgraduate degree in Business, Business Analytics, IT or any related field; relevant work experience in handling data and analytics
An Individual with a lot of business insight, experience, and knowledge can easily pull off the role of one of the highest paying jobs in Australia, i.e. a Business analyst. Suppose you were to spend a day in the position of a business analyst. In that case, some of your responsibilities might include streamlining company procedures, doing analyses, conducting research to solve business problems, spotting roadblocks, etc.
10. Business Development Manager
Salary: $90,000 (AUS)- $150,000 (AUS)
Primary Responsibilities/Duties: Setting goals and developing plans for business and revenue growth; researching, planning, and implementing new targets; researching prospective accounts; pursuing leads
Skills Needed: Communication, negotiation, problem-solving, decision-making, Leadership, risk management
Prerequisites: An undergraduate or master's degree in business, economics, commerce, finance, or marketing; Experience in sales, marketing, or customer service roles
As the name suggests, a business development manager looks to develop a business by exploring new opportunities to grow in relation to markets, partnerships, products, services, etc., to fill any market gaps. This role purely focuses on executing strategies and leading plans to profitability and growth. It is one of the highest-income jobs in Australia.
As an international student, you will have to apply for a PSW visa to work in Australia legally. Check out how to apply for a PSW visa in Australia.
What are the Highest paying finance jobs in Australia?
Finance has recently seen the light of a booming and globally expanding career field. The finance industry has been pumping out different types of opportunities every year, with rewarding and competitive salaries to individuals, making it a favourable choice for many individuals. If you have a knack for finance and need to fast-track your climb in the corporate world and want a place in the highest paying jobs in Australia, then finance is the career for you.
11. IT Portfolio Manager
Salary: $127,931- $159,802 (AUS)
Primary Responsibilities/Duties: Manage interactions with internal and external auditors; responsible and accountable for the stability, performance, production, compliance, roadmap strategy
Skills Needed: Strong emotional control, Competitive spirit, Decisive, Analytical Ability, Anticipation, Communication
Prerequisites: Undergraduate degree in finance, economics, accounting, and business; Master's degree in finance or business administration
The benefits of investing have gained momentum in the past few years. Everyone has understood the importance of wise investing in the company’s IT department, and so portfolio managers are needed. As this profession is one of the highest paying jobs in Australia, an IT portfolio manager's skill set relies on the "art of investing." They are duly responsible for handling investments, implementing strategies, and helping meet the financial goals of the IT department by reducing costs, minimising risks, and promoting growth.
12. Financial Dealer
Salary: $130,000 (AUS)
Primary Responsibilities/Duties: Market in securities, underwrite securities, investment services to investors
Skills Needed: Good communication and relationship-building skills, making calculations quickly, Aptitude for using computers, working independently, Analytical and planning skills
Prerequisites: Undergraduate degree in Accounting, Business Law, Economics, or Finance, Master's degree in Business Administration, Commerce, or Applied Finance.
Financial Dealer is yet another highest-paying job in Australia. There is a call for financial dealers all over Australia! Many financial advisory services, financial institutions, and banks are on the lookout for qualified and experienced financial dealers. The lists of tasks taken up by a financial dealer are long; on a busy day, they usually engage themselves in buying and selling activities, checking market conditions, collecting information on security, predicting financial conditions for clients, developing a list of appropriate investments, etc.
13. Finance Analyst
Salary: $92,642 (AUS)- $135,000 (AUS)
Primary Responsibilities/Duties: Analyses business and financial data, Creates financial models, Develops financial plans, Analyzes industry trends
Skills Needed: Accounting, Communication, Problem Solving, Data Analysis, Financial analysis, Risk management
Prerequisites: An undergraduate or Master's degree in Finance, Commerce, or Economics. Strong work experience in finance and economics would also be preferred.
For individuals who enjoy dealing with financial data, becoming a finance analyst is a great career choice. It’s also a high-income job in Australia, which may be the perfect country to work for in this sector due to the industry's high demand. A finance analyst's role consists of giving financial advice and insights based on the interpretation of data, projections, and information. Top companies have shown a spike in the requirements for financial analysts to help them provide financial reports and make top financial decisions.
14. Investment Banking Associate
Salary: $210,000 (AUS)
Primary Responsibilities/Duties: Valuation analyses, execution of client transactions, initiating strategic financial transactions, presenting financial information
Skills Needed: Communication, Problem Solving, Data Analysis, Financial analysis, Risk management
Prerequisites: A bachelor's degree in business, commerce, accounting, and economics with a major in banking and finance. An MBA in finance can also be a good metric for your qualification as an Investment Banking Associate.
If the world of finance and investment in the Australian market attracts you, then this highest-paying job in Australia is just right for you! You should start thinking about an Investment Banking Associate as your career. As an Investment Banking Associate, most of your work will be client-facing, i.e. assisting clients, providing appropriate support, and improving rates of satisfaction and efficiency. In a nutshell, you will help clients from reaching their financial goals. Investment Banking Associates will help you find opportunities for investing by screening your investment history and helping you understand your investment objectives and needs, making it one of the highest paying jobs in Australia in the finance sector.
15. Credit Analyst
Salary: $86,625 (AUS)- $136,275 (AUS)
Primary Responsibilities/Duties: Gathers and analyses loan applicants' financial data to evaluate risk, evaluate the creditworthiness of individuals, and collaborate with other financial experts
Skills Needed: Knowledge of commercial credit products, Attention to detail, Analytical and critical thinking skills, Quantitative skills, time management and multitasking skills
Prerequisites: Bachelor's degree in finance, accounting or any related field. Any solid experience that involves working with financial institutions can also be considered for a role.
Nobody likes taking any risks, not you, not me, or a big entity or company like HSBC, Barclay's and American Express. This is where credit analysts come into the picture. A person who is in a designated post of Credit Analyst helps companies lower their risks by determining the potential risk factors while borrowing and lending money, assessing data and looking at market trends. This profession also is one of the highest paying jobs in Australia.
What are the Highest Paying Legal Jobs in Australia
A career in Law is an amalgamation of pure dedication and hard work. However, a successful lawyer has the potential to earn wonders not only in terms of financial substance but also fame and credibility in society. The law field definitely has one of the highest paying jobs in Australia; let's discuss a few job titles below;
16. Real Estate Lawyer
Salary: $119,160- $188,798
Primary Responsibilities/Duties: Prepare and review legal documents relating to real estate, Negotiate the terms and conditions of real estate, and facilitate the transfer of titles
Skills Needed: contract expertise in property management, lease agreements, agreements to sell, communication
Prerequisites: Complete a Bachelor of Law (LLB) undergraduate degree, Practical Legal Training, Practising Certificate from the local Law Society
This kind of job has a lot of stability, and it still manages to be one of the highest paying jobs in Australia. It is termed as one of the high income jobs in Australia since it can gather a large clientele. Property law does pay handsomely but often requires a lot of exposure and experience.
17. Corporate Lawyer
Salary: $200,000 - $300,000
Primary Responsibilities/Duties: Ensuring a company's transactions comply with corporate laws and regulations, preparing documents, assessing partnerships, and negotiating deals
Skills Needed: Business Awareness, Negotiation skills, Knowledge of Company Law, Communication Skills
Prerequisites: Complete a Bachelor of Law (LLB) undergraduate degree, Practical Legal Training, Practising Certificate from the local Law Society, Gain experience
Corporate Law is probably one of the high income jobs in Australia; one can pursue corporate Law via a certificate, diploma or degree. Corporate lawyers help businesses and corporations with stakeholders, investors, and directors. They handle any and all issues regarding legal matters. As a matter of fact, employees at the associate level are also paid acutely.
18. Criminal Defence Lawyer
Salary: $122,000 - $300,000
Primary Responsibilities/Duties:
Skills Needed: Adaptability, Think Critically, Negotiation Skills, Leadership Skills, Working Under Pressure
Prerequisites: Complete a Bachelor of Law (LLB) undergraduate degree, Practical Legal Training in Criminology or a LLM degree
A Criminal Defence Lawyer is a tough profession. One might experience many sleepless nights, ample courtroom trials, and always a strong case to defend. With heavy power comes heavy responsibility, and hence, it can definitely be termed as one of the highest paying jobs in Australia.
What are the Highest Paying Engineering Jobs in Australia
Engineering was the profession of yesterday and will be the profession of tomorrow. The value an engineering degree holds is immeasurable. It is literally no secret that engineering offers one of the best jobs in Australia
19. Software Engineering
Salary: $57,000 - $120,000
Primary Responsibilities/Duties: Analyse user requirements, write and test code, research, design and write new software programs
Skills Needed: Communication, Programming, Coding, Design, Problem Solving, Project Management
Prerequisites: Bachelor's Degree in Software Engineering, Entry-level Experience, Certifications, Master's Degree in Software Engineering
The tech industry employees have some of the high income jobs in Australia. The vital role of a software engineer job is frontend and backend software development. They indulge in activities such as designing, testing and developing software. They truly are some of the most important employees in an organisation. The career prospects of a software engineer are advantageous and profitable.
20. Mechanical Engineer
Salary: $55,000 - $110,000
Primary Responsibilities/Duties: Analysis, plan, assess, establish, operate, and sustain mechanical products, equipment, systems and processes to meet requirements, applying knowledge of engineering principles
Skills Needed: Maths knowledge, design skills, analytical thinking skills, attention to detail, knowledge of physics
Prerequisites: Bachelor's and master's degree in mechanical engineering, Entry-level Experience, Certifications
Mechanical Engineer jobs are one of the highest paying jobs in Australia for a reason. They are expected to put in a lot of hard work in manufacturing, testing and designing machines. They are solely judged on their technical abilities and experience. This job also involves a lot of risk and immense dedication towards projects.
All these jobs range across various fields, so you have a lot to choose from, according to your interests. If you want a long and happy working life, you should not focus solely on the jobs with the highest pay. On the other hand, knowing what jobs pay the most in your preferred industry can help you plan your future career. Although these are not the only jobs that pay well, these are regarded as the highest paying jobs in Australia due to various factors. So now that you know what the best-paying jobs in Australia are, go secure that bag, mate! As the medical field has one of the highest paying jobs, make sure you check out medical schools in Australia.