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Top 10 Highest Paying Jobs in Australia – part 2

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You can find Part 1 of our guide to the Top 10 Highest paying Jobs in Australia  HERE!

Here’s Part 2 of our guide to the Top 10 Highest Paying Jobs in Australia!

6. Psychiatrists

Average Taxable Income: $176,885
What does a psychiatrist do?

Psychiatrists are medical practitioners who have specialised in the diagnosis and treatment of all the mental illnesses people can suffer.

Psychiatrists also develop specialties in particular areas of psychiatry, such as working with the elderly or children.

How can you become a psychiatrist?

Again, you’ll need to spend around 9 or 10 years becoming a fully registered medical professional. Then you’ll need to do the two years of basic training in psychiatry.

This is followed by at least another two years of advanced training in psychiatry, where you’ll specialise in a particular area of the job.

Advanced training can be in areas such as general, adult, addiction or indigenous psychiatry.

Total – about 13 years, or more, of education and experience.

7. Chief executives/managing directors

Average Taxable Income: $164,931
Chief Executive Officers have the 7th most highly paid job in AustraliaWhat does a chief executive do?

A chief executive is the head of an organisation such as a business, non-profit group, or agency or department government. Responsibilities depend on the size of the organisation.

In a smaller operation, the chief executive can be responsible for the day to day tasks such as hiring, purchasing, training, quality control and other supervisory duties.

In large organisations, they usually focus on strategic planning and creating policies. General and operations managers take over the day-to-day operations in a larger organisation.

How can you become a chief exective?

There are several paths you can follow to become a CEO. Starting your own company is one sure way to become a chief executive. There are many examples of people becoming CEOs without finishing (or in some cases, without ever going to university) – Bill Gates of Microsoft, Richard Branson of Virgin Group and Michael Dell of Dell Computers for instance.

Going by the numbers though, completing a degree in an area such as accounting, finance or economics is a more common path. Then you’ll probably need to do years of hard work.

Many CEOs have worked their way up within a single company, gaining an intimate knowledge of the company and the industry it is in. Others may move between companies as they develop their experience.

In either case, to become a chief executive, you’ll likely need to distinguish yourself and demonstrate strong leadership skills.

In total – anywhere from no training, up to decades of experience and training, depending on your situation.

What are some related careers?

Chief executives share the qualities of having strong leadership and organisational skills with Project Managers. This is another rewarding career path where you implement and plan programs and projects in different industries. Holders of qualifications like the Certificate IV in Project Management or the Diploma of Project Management can become candidates for jobs like Project Officers and Administrators.

8. Mining engineers

Average Taxable Income: $157,428
Mining Engineers have the 8th most highly paid job in AustraliaWhat does a mining engineer do?

Mining engineers are responsible for the evaluation, planning and building of mines. They’re involved in all phases of mining operations.

Mining engineers manage mining projects and monitor mines for safety, efficiency and environmental impact.

They’re involved in every stage of the life of a mine – from exploration and discovery, all the way to the final land restoration and rehabilitation.

How can you become a mining engineer?

You’re best of starting with a 4-year Bachelor of Engineering, majoring in mining engineering. You’ll also need to find internships and work experience, as many of the skills you’ll require can only be learnt through hands-on activities.

Mining engineer jobs pay well even if you’re a fresh graduate, but you’ll need years of experience to earn the top salaries.

In total – 4 years of training, plus experience.

What are some related careers?

There are other paths into the mining sector. Many people with trade qualifications are required on site, while experienced safety officers are essential in such a hazardous industry. Qualifications such as the Certificate  IV in Work Health and Safety can be the start of a long and distinguished career as a safety professional.

9. Other Medical Practitioners

Average Taxable Income: $155,465
What do ‘other medical practitioners’ do?

‘Other medical practitioners’ covers doctors that are not classified under specific roles like surgeons or anaesthetists.

Jobs like dermatologist, radiologist, pathologist, ophthalmologist, emergency medicine specialist, obstetrician and gynaecologist, and medical practitioners fall into this group.

They provide specialised diagnostics, treatment and other medical services in their area of expertise to patients.

How can you become a specialised medical practitioner?

You’ll need to start by becoming a medical professional, which takes at least 7-10 years of training and on-the-job training and experience.

Then you’ll need to join a training program in the area you want to be a specialist which takes a few more years to complete.

In total – around 10-13 years of training and experience.

10. Dental Practitioners

Average Taxable Income: $140,957
What does a dentist do?

Dentists specialise in the art and science of diagnosing, treating and preventing diseases, injuries and malformations of the jaws, teeth and mouth.

How can you become a dentist?

First you’ll need to complete a Bachelor of Dental Science which takes five years.

Some universities only offer dentistry as a post-graduate course. In those cases you’ll need to complete a 3 year degree and then do 4 years of study in dentistry.

Completing some practical placements is part of your course, so once you’re registered with the Dental Board of Australia, you can start practising dentistry!

In total 5-7 years of study including experience.


Do you want one of Australia’s highest paying jobs? In most cases it takes years of dedication, study and work to get to these top paying positions. Becoming a doctor or medical professional, 6 of the top 10 highest paying jobs, is a serious commitment of time, money and energy. You REALLY have to WANT to be a doctor to have that kind of dedication. There are many other ways to make a great living or earn even more than these Top 10 Highest Paying Jobs.


Do you agree with this list? Do you think we’ve missed a top paying profession? Leave a comment to let us know!

Source: Sydney Morning Herald – Road to riches paved with good incisions

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William Cowie

William Cowie

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There’s 14 comments (add a comment)

  • fuseini taiba says:

    pls i will like to continue my education in your country,i am a enrolled nurse in ghana and will like to work and study in australia .pls can you help me ,so i can continue my desire of being a nurse

    • Hi Fuseini,

      We’d love to have you studying with us! We have some nursing related courses like the Certificate III in Aged Care and Certificate III in Home and Community Care. If you already have an Australian work visa or study visa, you can enrol in one of these courses with us.

      If you don’t have an Australian work or study visa, you’ll need to find a ‘CRICOS’ nursing course. CRICOS is the Commonwealth Register of Institutions and Courses for Overseas Students. They can accept applications from students overseas who want to come to Australia and study but need a visa. You can find the CRICOS website HERE

  • Emmanuel frimpong says:

    Please i am emmanuel! I am a high school graduate, Soon i will be coming to Australia, and i want to study engineering, so how can i?

    • Hi Emmanuel,

      The best way would be to contact universities in the area you’re planning to live which offer engineering courses. The university course counselors should know the process you need to go through to follow your ambition to study engineering.


  • bahrami says:

    Thanks for evreything

  • Dr Shilpa says:

    Hi…Please let me know which branch of Psychology Clinical or Applied Psychology has better job opportunities and pay. Thank you

    • William Cowie William Cowie says:

      Hi Dr Shilpa,

      We don’t have that information so can’t help you out unfortunately. You’ll have more luck finding answers if you approach an organisation that is related to or operates in the psychology field.


  • luvlesh ramsurn says:

    I want to know more about engineering .. Is it only about mining engineering ??

    • William Cowie William Cowie says:

      Hi Luvlesh,

      Engineering is normally a relatively highly paid career. Mining engineers have been particularly highly paid in recent years due to high demand for qualified and experienced engineers in the mining industry. They’re also normally required to travel to and live at mine sites on a fly-in fly-out basis (staying there 2 weeks or more each time) and work long shifts while they’re there (12 hours each day). As a result, they receive allowances, penalty rates and other extra payments to compensate them which are not included in most normal 9-5 engineering jobs so their salary is higher.

  • Samuel says:

    My name is Samuel,i will love to study in Australia.Please can you help suggest affordable schools with scholarship opportunities for international students or direct my to there website.I want to study a science course,want to pursue my BSC program.

    • William Cowie William Cowie says:

      Hi Samuel,

      That’s a great ambition and I wish you success. Inspire Education is not really the right type of training institute for you and we are not able up to help you migrate to Australia to study.

      There are lots of resources available to help you though. You can find a good list of services for international students on, including visa info, scholarships, courses and education providers.



  • Samuel says:

    What are the requirement needed?am a highschool graduate..

  • Jenna says:


    Are there any recommended school subjects that will be of help as a psychiatrist? I’d like to start preparing myself as early as possible, I would definitely enjoy a career in psychiatry.


    • Jbrah says:

      Mate, just do chemistry, biology, and the highest maths you can.
      Preparing for psychiatry is more abou preparing for medicine. To get to psychiatry you need to get through a medical degree first and then move on to psychiatry training which will require you to utilise all of your medical skills as well.

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