The Highest Paying Jobs in Australia and their Salaries

This article provides a list of the Highest Paying Jobs in Australia. Also, it provides a brief description of each job and its salary.

Despite being the world’s smallest continent, Australia has everything sophisticated countries have. They have gorgeous cities and a rich culture, which is fascinating to see as a foreigner.

Also, check out the Highest Paying Jobs in the United Kingdom.

Australia’s Employment Rate

According to the Australian Bureau of Statistics, the employment rate in Australia is high, with the most recent survey indicating a rate of 3.9 percent. As of May 2022, employment had climbed to 13,510,900, with a 64.1 percent employment-to-population ratio.

Highest Paying Jobs in Australia

In this post, We’ve compiled a list of the highest paying jobs in Australia and the typical incomes for each.

• Anesthetist
• Mining Engineer
• Dermatologist
• Surgeon
• Psychiatrist
• Dentist
• Insurance Manager
• Chief Financial Officer

Anesthetist 

Anesthetists assist surgeons during surgical operations by administering anesthesia to patients. They are doctors who specialize in Anesthesiology, which is the study of medicine concerning pain relief for patients during and after surgery. 

Specializations in anesthesiology include:

• Cardiac anesthesia
• Pediatric anesthesia
• Obstetrics

However, there are other roles of an anesthetist in the hospitals, which are: 

• Resuscitation of patients in the case of emergencies 
• Perform procedures such as image scanning and endoscopy. 

The units you can work in the hospital or healthcare centers are: 

• Obstetric units 
• Intensive care Units
• Resuscitation services 
• Emergency department
• Dentistry 
• Psychiatry 
• Radiology 

According to Payscale, the average salary of an Anesthetist in Australia is AU$194,418. 

Mining Engineer 

An Australian mining engineer determines the best locations for extracting minerals, another top-paying job. They analyze the feasibility of the place, the appropriate method required, and the appropriate equipment selection for the extraction. 

To become a mining engineer, you need to obtain a degree in mining engineering, and further certifications will boost your chances of getting employed. 

With your qualifications, you can work in the following places:

• Mining Establishments 
• Quarrying Industries 
• Extraction companies
• Consulting Agencies for mining, construction, manufacturing, and extraction Organizations
• Manufacturing Industries 
• Construction Industries 

In Australia, the average salary of a mining engineer is AUS$151,894 per year, according to indeed.com.

Dermatologist 

Dermatologists are professional doctors specialized in studying, diagnosing, and treating skin ailments and disorders. Also, they provide treatment for diseases that deal with hair and nails. 

As a dermatologist, you can specialize in the following areas: 

• Dermatopathology.
• Mohs surgery.
• Pediatric dermatology.
• Cosmetic dermatology.

A dermatologist’s disorders range from skin cancer, dark spots, psoriasis, hives, scars, warts, nail disorders, hair loss, rashes, eczema, and rosacea. 

The average salary of a dermatologist is $151164 per year in Australia, according to Indeed.com.

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Surgeons 

Surgeons are doctors who specialize in surgery matters concerning ailments, disorders, and injuries. They conduct diagnoses before carrying out the primary surgical operations on the patients.

The surgical procedure can be used for life-threatening cases, confirming the diagnosis, or dealing with diagnosed conditions, while some can be therapeutic. 

The subspecialties of surgeons are: 

• General Surgery.
• Neurosurgery.
• Paediatrics Surgery.
• Urology.
• Plastic Surgery.
• Orthopedic Surgery.
• Otolaryngology.
• Ophthalmology. 

In Australia, the average salary of a surgeon is AUS$158128 per year, according to Indeed.com.

Psychiatrist 

Psychiatry is professionals who study psychiatrist, a branch of study that focuses on the prevention, diagnosis, and treatment of mental, behavioral, and emotional disorders. 

To obtain a psychiatrist degree, you must complete a study in medicine and get your license to be able to practice and then complete four years of psychiatry residency. 

A psychiatrist can work in mental health clinics, psychiatric hospitals, university rehabilitation centers, nursing homes, and the military. 

Dentists

Dentists are doctors of the teeth; they diagnose and treat the medical conditions that affect the teeth, gums, and generally the oral health of their patients. 

Other roles of dentists are: 

• Dentists fix broken teeth and filling of cavities
• Getting rid of decay in the teeth cavities 
• Straightening of teeth
• Advise their clients on oral hygiene. 
• Perform X-ray on the teeth and gum for diagnosis 
• Performing the whitening of teeth

The average salary of a dentist in Australia is AUS$134208 per year, according to Indeed.com.

Also, check out Legit Online Jobs for Students.

Insurance Manager 

Insurance managers are very valuable to an insurance organization; their roles entail supervising the sales processes of insurance policies and how insurance agents conduct their business in the insurance company.

The main goal of an insurance agent is to ensure high sales of policies through adopting the laid down strategizes. 

Other roles of Insurance managers are: 

• Overall management of the operations in the insurance organization
• Ensuring the insurance organization follows the laid down rules for proper conduct.
• Help monitor the performance of the staff by evaluating their work output. 
• They establish direct contact with insurance brokers to ensure that workers who deal directly with policyholders do so in the business’s best interest.
• Recognizing dangers and reducing their impact as part of continuous risk management obligations.
• Examining insurance contracts regularly to make sure the demands of policyholders are appropriately met
• Supervising any claims investigations.
• Maintaining proper budget allocation to all departments by controlling the company’s finances.

Insurance managers make their earnings from commissions, salary, and the total sales of the insurance agents under their supervision. The average salary of an insurance manager is AUS$133,750 per year, according to Glassdoor.

Chief Financial Officer 

The position of a chief financial officer is a top-level executive role in a business organization. A significant work duty is monitoring a company’s financial situation and finding ways to boost it or improve it in cases of low economic status. 

Other responsibilities of a chief financial officer 

• Prepares all financial reports, including tax returns, income statements, balance sheets, shareholders’ reports, and government reports.
• Analyze the planning process and suggest ways to improve it.
• Investigates operations to determine if they need to be reorganized, resized, or abolished. 
• Examine long-term economic trends and forecast their influence on future sales and market share growth. Engineering Manager 

Engineering managers’ job description entails the planning and supervising technical and engineering operations of a company’s engineering department or process. In engineering projects, they ensure everything runs smoothly. In addition, they are responsible for ensuring that the engineering team is working towards the organization’s goals. 

According to Payscale, the average salary of an engineer manager in Australia is AU$142142.  

Final Notes on the Highest Paying Jobs in Australia and their Salaries

Money might be an incentive when choosing a career, but I advise against making it your primary factor. Australia is one of the most significant countries to hunt for work since it provides several perks to those looking for employment there.

We’ve put up a list of careers that rank highly regarding high salaries in Australia so you can stay ahead of domestic and international employment trends.

Before you go, apply for Available Jobs.