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10 Highest Paying Jobs in Australia 2023

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10 Highest Paying Jobs in Australia 2023

Australia is a country that has a lot of jobs, but it also has some unique ones. The Australian dollar is one of the strongest currencies in the world, and for this reason, many companies are looking to hire ex-pats from overseas and locals alike. If you’re considering relocating to Australia or already living here full-time and want ideas about what career opportunities are available in our country, read on!

Compared to the average Australian salary of $1748.40 per week, you can determine whether your take-home pay is “good enough” by comparing it to your take-home pay. If your take-home pay is significantly lower than this, you may need to change your employer or career path.

Looking beyond the salary package when deciding whether you want a high-paying career is imperative. Based on our data analysis, we have spotted the top 10 jobs in 2023 that will genuinely pay top dollar.

NOTE: All ten high-paying jobs and their positions are in random order

Chief counsel or chief legal officer (CLO)

The qualifications for an in-house general counsel vary depending on the company and the size of the legal team. Generally, a law degree from a reputable university is required, as well as several years of experience in the legal field. In addition, the candidate must have excellent communication and problem-solving skills and the mental acumen to think strategically and make sound decisions. A chief legal officer (CLO) is a lawyer responsible for directing and managing the legal affairs of an organization.

The job requires extensive knowledge of corporate law, government policy and procedure, securities legislation, labour relations, and other areas related to business operations. A general counsel in-house earns an average annual salary of

A CLO’s responsibilities include the following:

  • Representing the interests of shareholders in disputes with management;
  • Drafting regulations or laws affecting their company;
  • Negotiating contracts with suppliers;
  • Managing litigation involving customers or vendors that may impact profitability;
  • Conducting environmental impact assessments (EIA).

The salary for an in-house general counsel is typically higher than that of other legal professionals. According to the Australian Bureau of Statistics, the median salary for an in-house general counsel is $180,000 to $249,333 per year. In addition to a competitive salary, in-house general counsels often receive additional benefits such as bonuses, stock options, and other incentives.

NSW trade license
Surgeon & Anesthetist

Surgeons and anaesthetists are among the highest-paid professionals in Australia. The average salary for a surgeon in Sydney, NSW, is $155,223 per year.

The average income of Australian surgeons is higher than that of their counterparts in other countries, such as Canada, where they earn around US$500k (A$535K) per annum on average! The average annual income is quite misleading because there is a wide range of kinds of surgeons, and the type of surgery, level of expertise, and qualifications all play a significant role in determining one’s salary.

Chief financial officer (CFO)

A Chief Financial Officer (CFO) is a senior executive who is responsible for the financial management of a company or organization. CFOs are responsible for the financial strategy and direction of an organization. The CFO’s role differs from that of the chief executive in that they must have an eye on all aspects of an organization’s money management, including budgeting, forecasting, risk management and capital allocation decisions.CFOs in Sydney, Australia, earn an average gross salary of $334,149 annually, according to salary statistics.

Head of technology.

If you’ve been looking to join the ranks of Australia’s highest-paid jobs, look no further than the head of technology. This position can earn you up to $120,000 annually and is a high-paying job in almost any industry. With 1-4 years of experience, a Head of IT & Infrastructure earns an average compensation of AU$126,213 (including tips, bonuses, and overtime pay). It requires extensive experience and education, but if that sounds like your cup of tea, then take this opportunity!

Heads of technology are responsible for all aspects of running a company’s IT department, including network design and implementation; software development; server management; security measures; hardware maintenance and upkeep (including backups). They also oversee cost-cutting initiatives such as cloud computing or virtualization, which saves money on purchasing equipment over time by using less expensive services, making them even more valuable!

Company Secretary

A company secretary is an officer responsible for the company’s overall administration. The Company Secretary is responsible for the company’s day-to-day running, including legal compliance and reporting to shareholders.

The role often involves handling sensitive financial information and ensuring other staff members run it appropriately. The position can also include some management duties such as budgeting or financial planning, so there are often high levels of responsibility involved in ensuring everything runs smoothly when you’re in this position. According to Salary Experts, company secretaries make $153,001 on average in the first three years of their careers.

Project Manager

Project managers are responsible for the successful completion of a project. They are the ones who manage the project from start to finish, ensuring that it is completed on time and within budget. Essentially, they oversee every step of your project—from recruiting staff members and setting up meetings with clients to handling legal matters and resolving issues with vendors or subcontractors—ensuring that all deadlines are met.

Project managers need a broad understanding of business operations to ensure everything goes smoothly throughout their projects’ lifecycles. The best way you can prepare yourself for this role? Practice by taking on smaller tasks within larger organizations (like working as an intern). The average salary of a project manager of any unspecified type starts at 101,868 Australian Dollars.

Investment director.

An investment director is a senior role in a financial institution. The investment director oversees the investment portfolio, which includes all the company’s funds and investments. This person also manages the investment strategy, and they must ensure that it meets legal requirements and industry standards.

The risk management of the portfolio is another responsibility of an investment director; being accountable for liaising with other departments within an organization on how best to manage risk across all assets or products under its control (such as bonds). An entry-level investment director (with one to three years of experience) typically earns $121,294 annually in the investment industry.

Portfolio manager.

A portfolio manager is a financial advisor who manages clients’ investments and uses them to generate income or capital gains. They do this by selecting, managing, and monitoring investment strategies for the client’s portfolio. To be a successful portfolio manager, you need the following skill to walk through the concrete in this caveat industry, two of which are

  • Strong analytical skills – The ability to interpret financial data to make informed decisions about what stocks or funds are worth investing in at any given time.
  • Good communication skills – Communicating clearly with clients. Hence, they understand where they stand financially and how their money can grow over time if they choose specific options over others (for example, if one company offers higher dividends than another).

If you grasp the above skills well, entering the financial world can rake you in dollars. The average salary of an Aussie Portfolio Manager starts from $96k and may exceed $136,215.

Head of compliance.

The Head of Compliance ensures that company policies, laws, and regulations are adhered to by the Head of Compliance. The role involves ensuring that the business knows all applicable laws, regulations, and policies. This can include working closely with regulators on matters relating to employment law and welfare benefits such as sick leave or maternity leave.

The position may also involve assisting in training employees on their rights under employment law; providing advice on how best to treat employees within an organization. It also ensures compliance with workplace health & safety legislation. It advises on disciplinary action against staff members who break these rules (in some cases being able to impose fines on them). The salary range for this position in Australia is $121,206 per year.

Financial dealer.

Banks, building societies, and other financial institutions employ financial dealers. They sell financial products to clients, including savings accounts, loans, and bonds.

To work in the industry, financial dealers must be licensed by ASIC (the Australian Securities and Investments Commission). The average investment dealer’s gross salary in Sydney, Australia is $118,428; However, an entry-level investment dealer (1-3 years of experience) might kickstart with an average salary of $67,336.