A new quarterly Labour Market Update report from Jobs and Skills Australia (JSA) lists new data on the top 20 occupations in demand nationally. Topping the list, is a diverse mix of occupations, including health care, digital, construction and engineering professionals, as well as traditional trades workers.
The five highest paying jobs in Australia in 2022 and 2023 are surgeons, anaesthetists, internal medicine specialists, financial dealers and psychiatrists, according to the Hays Recruitment Salary Guide.
You might not be surprised to learn that the jobs with the highest salary in Australia are those in the medical industry. Australian Taxation Office data shows medical practitioners are the top earners nationwide, with surgeons averaging $406,068, anaesthetists at $388,814 and internal medicine specialists at $310,848.
Currently, Australia's renewables industry employs 28,000 people. This is predicted to grow to 45,000 by 2025, making it one of the fastest-growing industries in 2023.
What is the fastest growing profession in Australia?
Australia's fastest-growing jobs have been revealed, with IT and engineering roles dominating the list. LinkedIn has released its 2023 Jobs on the Rise list, which analysed LinkedIn member data from January 2018 to July 2022 to find the jobs experiencing the biggest growth rates.
Which sector is going to boom in future in Australia?
1) Healthcare
Healthcare remains one of the fastest-growing industries around the world and it has been supercharged by our ageing population. It is predicted that by 2041, there will be 6.66 million people over the age of 65 in Australia.
Electricians, motor mechanics, metal fitters and machinists, engineering, chefs continue to feature prominently.” Australia's skills shortage is the second highest in the OECD.
SEEK has revealed its most- and least-applied for jobs on the jobs website for 2019, with pickers and packers' roles taking out the most-applied for job. At the other end of the spectrum, midwifery, neo-natal, NICU and SCN nursing was the least-applied for role.
If you make $300,000 a year living in Australia, you will be taxed $111,667. That means that your net pay will be $188,333 per year, or $15,694 per month. Your average tax rate is 37.2% and your marginal tax rate is 47.0%.
If your taxable income was $131,501 or higher, then you earned more than 90 per cent of other Australians. If you earned more than $253,066, then you took home more than 99 per cent of taxpayers. About 5 per cent of taxpayers had incomes above $180,000.
Advisory giant Accenture consistently pays consultants the highest starting salary compared to the big four consulting firms, with PwC and Deloitte vying for second place at different experience levels.
The highest unemployment figure in Australia belongs to the indigenous community of Palm Island off the coast of Cairns, with unemployment at 49.8 per cent.
What is the minimum wage in Australia? The Australian minimum hourly wage is currently $21.38 per hour. In 2021, the Australian minimum wage for a standard 38 hours work week equates to $812.60 per week.
