The salary levels of Australian graduates vary depending on factors such as field of study, university of graduation, work experience, etc. The following is an overview of the salary levels of Australian graduates based on the latest data:
Australian graduate salary
Salary levels of Australian graduates
- Undergraduate graduates: The average annual salary is about 71,000 Australian dollars (about 340,000 yuan).
- Taught postgraduate students: The average annual salary is about 96,600 Australian dollars (about 470,000 yuan).
- Research postgraduate students: The average annual salary is about 100,000 Australian dollars (about 480,000 yuan).
Australian graduate salary growth trend
- The median salary for Australian university graduates in 2023 increased by 9% compared to 2020.
- The salary growth for majors such as dentistry, medicine, and engineering is particularly significant three years after graduation.
Salaries of graduates in different fields in Australia
- Highest paying fields: Dentistry ($94,000), Medicine ($85,000), Social Work ($77,300), Engineering ($75,000), Teacher Education ($75,000).
- Lowest wage areas: Agricultural and Environmental Sciences, Pharmacy, Creative Arts, Communication, Tourism and Hotel Management, etc.
Comparison of graduate salaries in various states of Australia
- Victoria: Fresh graduates have the highest average annual salary, reaching A$68,738.
- Canberra: The salary is AUD 68,195.
- Queensland, Western Australia and New South Wales: Ranked third to fifth respectively, all around A$67,000.
Comparison of Australian graduate salaries with other countries
- The average salary for Australian graduates is AUD 74,944 per year or AUD 38.43 per hour, with actual disposable income after tax discounted due to higher personal income tax rates.
Factors that affect salary levels
- Professional Selection: Certain professions such as medicine, engineering, IT, etc. have higher salaries.
- Graduate School: Graduates from prestigious universities usually have higher salaries.
- Work Experience: Graduates with work experience generally have higher salaries than those without experience.
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