SEEK has released a list of the most in-demand jobs in Australia that offer annual salaries exceeding 100,000 Australian dollars. Among them, the loan manager position ranks first, with a remarkable demand increase of 163.3% and an average annual salary of 133,903 Australian dollars. According to SEEK, to become a loan manager, one needs to obtain at least a Certificate IV in Credit Management, which can be completed through five months of part-time online study without any other prerequisites.
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Other jobs on the list include building certifier (with an average annual salary of 114,317 Australian dollars), building supervisor (106,840 Australian dollars), data analyst (105,093 Australian dollars), and doctor (234,347 Australian dollars). Among these, only data analysts and doctors require a university degree.
Leah Lambart from SEEK stated, "The good news is that for some positions, there is a perfect balance between high demand and strong salary growth. Some positions don't even require applicants to have formal higher education." "For some of these occupations, if applicants have a trade background or can meet industry certifications, they can earn very high salaries."
According to data from another recruitment website, Indeed, occupational therapists, lawyers, procurement specialists, software engineers, and several management positions are also listed as Australia's high-paying and most in-demand jobs. These positions all offer annual salaries of over 80,000 Australian dollars and are in great demand.
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Blair Chapman, a senior economist at SEEK, said that although the overall demand in the labor market has slowed down, the demand for many positions continues to grow strongly. Chapman predicts that many high-paying occupations will still be in short supply this year, including loan managers. This is because the recent interest rate cut decision by the Reserve Bank of Australia is expected to increase the number of applications for commercial and household loans.
Chris Franco works as a financial planner at William Buck, a leading accounting and consulting firm. SEEK's data shows that the demand for financial planners increased by 25.5% last year, and the average annual salary for this occupation is 127,567 Australian dollars. This senior wealth advisor is not surprised by such high demand and said that given the cost-of-living crisis, "people are trying to ensure that their money is well spent." "I think one of the reasons why this occupation is so sought after is that there is now so much information that it can be overwhelming. When I entered this industry over a decade ago, it was difficult to find information about investments, stocks, and retirement plans, but that doesn't seem to be the case now."
Australia's Most In-Demand High-Paying Occupations/Percentage Increase in Recruitment Ads/Average Annual Salary:
- Loan Manager: 163.3%, 133,903 Australian dollars
- Building Certifier: 73.3%, 114,317 Australian dollars
- Building Supervisor: 72.4%, 106,840 Australian dollars
- Data Analyst: 60.6%, 105,093 Australian dollars
- Doctor: 51.3%, 234,347 Australian dollars
- Employee Relations Advisor: 50%, 111,848 Australian dollars
- Hydraulic Engineer: 45.7%, 128,496 Australian dollars
- Refrigeration Technician: 40.2%, 103,755 Australian dollars
- Mining Operator: 34.8%, 113,982 Australian dollars
- Government Policy Officer: 33.8%, 107,859 Australian dollars
- Business Development Manager: 31.6%, 108,165 Australian dollars
- Sales and Business Development Manager: 29.6%, 106,717 Australian dollars
- Oral Health Therapist: 29%, 113,000 Australian dollars
- Tax Manager: 26.4%, 145,174 Australian dollars
- Financial Planning and Analyst: 25.5%, 127,567 Australian dollars
