Revealed: professionals with the highest salary growth and those in decline
Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation.
Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors.
Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages."
"Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are."
Engineers reported the highest pay satisfaction of all professions.
Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid.
Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report.
By contrast, architecture and design professionals were the most dissatisfied with pay conditions.
Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector.
Trade workers (manual labour) were similarly dissatisfied.
They reported a 46 per cent increase in dissatisfaction levels.
Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance.
READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged
The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent).
In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent).
Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found.
The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories.
The average professional salary in Western Australia was $147,200.
Western Australia also had the highest proportion of people earning over $250,000 at eight per cent.
Tasmania had the lowest average salary in the country for professionals at $125,900.
This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT
READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself
Engineers, lawyers and financial advisors have posted the highest salary growth in Australia.
Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation.
Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors.
Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages."
"Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are."
Engineers reported the highest pay satisfaction of all professions.
Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid.
Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report.
By contrast, architecture and design professionals were the most dissatisfied with pay conditions.
Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector.
Trade workers (manual labour) were similarly dissatisfied.
They reported a 46 per cent increase in dissatisfaction levels.
Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance.
READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged
The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent).
In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent).
Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found.
The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories.
The average professional salary in Western Australia was $147,200.
Western Australia also had the highest proportion of people earning over $250,000 at eight per cent.
Tasmania had the lowest average salary in the country for professionals at $125,900.
This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT
READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself
Engineers, lawyers and financial advisors have posted the highest salary growth in Australia.
Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation.
Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors.
Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages."
"Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are."
Engineers reported the highest pay satisfaction of all professions.
Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid.
Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report.
By contrast, architecture and design professionals were the most dissatisfied with pay conditions.
Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector.
Trade workers (manual labour) were similarly dissatisfied.
They reported a 46 per cent increase in dissatisfaction levels.
Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance.
READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged
The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent).
In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent).
Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found.
The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories.
The average professional salary in Western Australia was $147,200.
Western Australia also had the highest proportion of people earning over $250,000 at eight per cent.
Tasmania had the lowest average salary in the country for professionals at $125,900.
This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT
READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself
Engineers, lawyers and financial advisors have posted the highest salary growth in Australia.
Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation.
Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors.
Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages."
"Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are."
Engineers reported the highest pay satisfaction of all professions.
Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid.
Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report.
By contrast, architecture and design professionals were the most dissatisfied with pay conditions.
Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector.
Trade workers (manual labour) were similarly dissatisfied.
They reported a 46 per cent increase in dissatisfaction levels.
Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance.
READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged
The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent).
In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent).
Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found.
The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories.
The average professional salary in Western Australia was $147,200.
Western Australia also had the highest proportion of people earning over $250,000 at eight per cent.
Tasmania had the lowest average salary in the country for professionals at $125,900.
This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT
READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself
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The Advertiser
2 days ago
- The Advertiser
Can pensioners really be 'wealthy'? One economist reckons they are
The attacks on Baby Boomers, labelling them as "wealthy" to the detriment of "families and young people" just because their home has increased in value, needs to stop. Brendan Coates, an economist with the Grattan Institute, was given a soap box on July 24 to air concerns "wealthy pensioners" should be penalised to benefit the rest of Australian society. Perhaps Brendan forgets people over the age of 65 are also valued members of society, and if they're eligible for the age pension (the current base payment being $27,333 a year for singles and $41,210 for couples, before tax is taken out) it's because they are just scraping by. Compulsory super only began in 1992 at 3 per cent, whereas Brendan enjoys 12 per cent as of July 1. The age pension is below minimum wage, and far below the wage of an economist (in excess of $100,000 according to "[Retirees] can be in Potts Point or Toorak with a $5m house and receive the same pension that a person in a $500,000 unit in Bendigo or Bathurst is receiving," he is quoted as saying in the Australian Financial Review. "People with substantial wealth are receiving the pension who arguably don't need it." Read more from The Senior: Mr Coates believes a retiree's family home (regardless if they bought it 40 years ago for next to nothing, then for the pandemic to jack up the land value) should be included in the pension assets test to better help "those who need it". But Brendan isn't a fan of retirees with superannuation either. A Grattan Institute report by Brendan Coates, released a day after his quotes around "wealthy pensioners", ironically called for more tax on superannuation funds. Not sure about you Brendan, but my grandparents on the Gold Coast have lived far longer than they expected and are now living day to day, as their meagre super dwindled to nothing. Pensioners and self-funded retirees are being slammed every which way as the "cash cows" of society, that should be pushed out of their homes - "and downsize" - to make way for a seemingly more important demographic: anyone under the age of 50. In 2025, around 58 per cent of Australians aged over 65 (around 2.4 million people) receive either the full or part age pension. But why would someone not have enough super to retire on comfortably? Compulsory super only came into play 30 years ago (around 10 years after Brendan Coates was born). "While Australians have reason to feel proud of the success of Australia's superannuation system ... the need for review, refinement and reform continues. An example is the retirement savings of Australian women," the Australian Prudential Regulation Authority states on their website. Older women are the fastest-growing group of homeless people in Australia. The 2021 Census reported a 6.6 per cent increase to women over 55 experiencing homelessness. Divorce and lack of super (due to raising children) are a big factor. Banks also won't give older people a loan for a home and rents have skyrocketed. The Superannuation Guarantee, with a mandatory three per cent contribution rate for employers came into effect in 1992 - nearly 20 years after reader of The Senior Suzanne G finished high school. "As a woman of 67 soon 68 ... back in 1974 when I finished school there was no superannuation," the retired pensioner told The Senior. She said she's worked all her life, owns her own home, and had a "meagre private super" which was cashed in some years ago to complete home renovations. The 1980s was the birth of superannuation for Aussies, but in the beginning, it was generally limited to public servants and white collar employees of large corporations. It was only in 2003 that provisions came in to allow the splitting of superannuation between divorcing or separating spouses, while 2007 saw investment losses for Australian superannuation funds of more than $200 billion thanks to the global financial crisis (GFC). The other flipside to all this: is if an older person does want to keep working they are either financially penalised (if they're on the age pension) or they're discriminated against by employers (according to the research by the Human Rights Commission and Australian Human Resources Institute). Who's with me and standing up for the rights of our wise elders? Retirees are humans too, with basic needs like anyone else. It's time the generations before them showed some respect. Share your comments below if you agree ... or disagree ... The attacks on Baby Boomers, labelling them as "wealthy" to the detriment of "families and young people" just because their home has increased in value, needs to stop. Brendan Coates, an economist with the Grattan Institute, was given a soap box on July 24 to air concerns "wealthy pensioners" should be penalised to benefit the rest of Australian society. Perhaps Brendan forgets people over the age of 65 are also valued members of society, and if they're eligible for the age pension (the current base payment being $27,333 a year for singles and $41,210 for couples, before tax is taken out) it's because they are just scraping by. Compulsory super only began in 1992 at 3 per cent, whereas Brendan enjoys 12 per cent as of July 1. The age pension is below minimum wage, and far below the wage of an economist (in excess of $100,000 according to "[Retirees] can be in Potts Point or Toorak with a $5m house and receive the same pension that a person in a $500,000 unit in Bendigo or Bathurst is receiving," he is quoted as saying in the Australian Financial Review. "People with substantial wealth are receiving the pension who arguably don't need it." Read more from The Senior: Mr Coates believes a retiree's family home (regardless if they bought it 40 years ago for next to nothing, then for the pandemic to jack up the land value) should be included in the pension assets test to better help "those who need it". But Brendan isn't a fan of retirees with superannuation either. A Grattan Institute report by Brendan Coates, released a day after his quotes around "wealthy pensioners", ironically called for more tax on superannuation funds. Not sure about you Brendan, but my grandparents on the Gold Coast have lived far longer than they expected and are now living day to day, as their meagre super dwindled to nothing. Pensioners and self-funded retirees are being slammed every which way as the "cash cows" of society, that should be pushed out of their homes - "and downsize" - to make way for a seemingly more important demographic: anyone under the age of 50. In 2025, around 58 per cent of Australians aged over 65 (around 2.4 million people) receive either the full or part age pension. But why would someone not have enough super to retire on comfortably? Compulsory super only came into play 30 years ago (around 10 years after Brendan Coates was born). "While Australians have reason to feel proud of the success of Australia's superannuation system ... the need for review, refinement and reform continues. An example is the retirement savings of Australian women," the Australian Prudential Regulation Authority states on their website. Older women are the fastest-growing group of homeless people in Australia. The 2021 Census reported a 6.6 per cent increase to women over 55 experiencing homelessness. Divorce and lack of super (due to raising children) are a big factor. Banks also won't give older people a loan for a home and rents have skyrocketed. The Superannuation Guarantee, with a mandatory three per cent contribution rate for employers came into effect in 1992 - nearly 20 years after reader of The Senior Suzanne G finished high school. "As a woman of 67 soon 68 ... back in 1974 when I finished school there was no superannuation," the retired pensioner told The Senior. She said she's worked all her life, owns her own home, and had a "meagre private super" which was cashed in some years ago to complete home renovations. The 1980s was the birth of superannuation for Aussies, but in the beginning, it was generally limited to public servants and white collar employees of large corporations. It was only in 2003 that provisions came in to allow the splitting of superannuation between divorcing or separating spouses, while 2007 saw investment losses for Australian superannuation funds of more than $200 billion thanks to the global financial crisis (GFC). The other flipside to all this: is if an older person does want to keep working they are either financially penalised (if they're on the age pension) or they're discriminated against by employers (according to the research by the Human Rights Commission and Australian Human Resources Institute). Who's with me and standing up for the rights of our wise elders? Retirees are humans too, with basic needs like anyone else. It's time the generations before them showed some respect. Share your comments below if you agree ... or disagree ... The attacks on Baby Boomers, labelling them as "wealthy" to the detriment of "families and young people" just because their home has increased in value, needs to stop. Brendan Coates, an economist with the Grattan Institute, was given a soap box on July 24 to air concerns "wealthy pensioners" should be penalised to benefit the rest of Australian society. Perhaps Brendan forgets people over the age of 65 are also valued members of society, and if they're eligible for the age pension (the current base payment being $27,333 a year for singles and $41,210 for couples, before tax is taken out) it's because they are just scraping by. Compulsory super only began in 1992 at 3 per cent, whereas Brendan enjoys 12 per cent as of July 1. The age pension is below minimum wage, and far below the wage of an economist (in excess of $100,000 according to "[Retirees] can be in Potts Point or Toorak with a $5m house and receive the same pension that a person in a $500,000 unit in Bendigo or Bathurst is receiving," he is quoted as saying in the Australian Financial Review. "People with substantial wealth are receiving the pension who arguably don't need it." Read more from The Senior: Mr Coates believes a retiree's family home (regardless if they bought it 40 years ago for next to nothing, then for the pandemic to jack up the land value) should be included in the pension assets test to better help "those who need it". But Brendan isn't a fan of retirees with superannuation either. A Grattan Institute report by Brendan Coates, released a day after his quotes around "wealthy pensioners", ironically called for more tax on superannuation funds. Not sure about you Brendan, but my grandparents on the Gold Coast have lived far longer than they expected and are now living day to day, as their meagre super dwindled to nothing. Pensioners and self-funded retirees are being slammed every which way as the "cash cows" of society, that should be pushed out of their homes - "and downsize" - to make way for a seemingly more important demographic: anyone under the age of 50. In 2025, around 58 per cent of Australians aged over 65 (around 2.4 million people) receive either the full or part age pension. But why would someone not have enough super to retire on comfortably? Compulsory super only came into play 30 years ago (around 10 years after Brendan Coates was born). "While Australians have reason to feel proud of the success of Australia's superannuation system ... the need for review, refinement and reform continues. An example is the retirement savings of Australian women," the Australian Prudential Regulation Authority states on their website. Older women are the fastest-growing group of homeless people in Australia. The 2021 Census reported a 6.6 per cent increase to women over 55 experiencing homelessness. Divorce and lack of super (due to raising children) are a big factor. Banks also won't give older people a loan for a home and rents have skyrocketed. The Superannuation Guarantee, with a mandatory three per cent contribution rate for employers came into effect in 1992 - nearly 20 years after reader of The Senior Suzanne G finished high school. "As a woman of 67 soon 68 ... back in 1974 when I finished school there was no superannuation," the retired pensioner told The Senior. She said she's worked all her life, owns her own home, and had a "meagre private super" which was cashed in some years ago to complete home renovations. The 1980s was the birth of superannuation for Aussies, but in the beginning, it was generally limited to public servants and white collar employees of large corporations. It was only in 2003 that provisions came in to allow the splitting of superannuation between divorcing or separating spouses, while 2007 saw investment losses for Australian superannuation funds of more than $200 billion thanks to the global financial crisis (GFC). The other flipside to all this: is if an older person does want to keep working they are either financially penalised (if they're on the age pension) or they're discriminated against by employers (according to the research by the Human Rights Commission and Australian Human Resources Institute). Who's with me and standing up for the rights of our wise elders? Retirees are humans too, with basic needs like anyone else. It's time the generations before them showed some respect. Share your comments below if you agree ... or disagree ... The attacks on Baby Boomers, labelling them as "wealthy" to the detriment of "families and young people" just because their home has increased in value, needs to stop. Brendan Coates, an economist with the Grattan Institute, was given a soap box on July 24 to air concerns "wealthy pensioners" should be penalised to benefit the rest of Australian society. Perhaps Brendan forgets people over the age of 65 are also valued members of society, and if they're eligible for the age pension (the current base payment being $27,333 a year for singles and $41,210 for couples, before tax is taken out) it's because they are just scraping by. Compulsory super only began in 1992 at 3 per cent, whereas Brendan enjoys 12 per cent as of July 1. The age pension is below minimum wage, and far below the wage of an economist (in excess of $100,000 according to "[Retirees] can be in Potts Point or Toorak with a $5m house and receive the same pension that a person in a $500,000 unit in Bendigo or Bathurst is receiving," he is quoted as saying in the Australian Financial Review. "People with substantial wealth are receiving the pension who arguably don't need it." Read more from The Senior: Mr Coates believes a retiree's family home (regardless if they bought it 40 years ago for next to nothing, then for the pandemic to jack up the land value) should be included in the pension assets test to better help "those who need it". But Brendan isn't a fan of retirees with superannuation either. A Grattan Institute report by Brendan Coates, released a day after his quotes around "wealthy pensioners", ironically called for more tax on superannuation funds. Not sure about you Brendan, but my grandparents on the Gold Coast have lived far longer than they expected and are now living day to day, as their meagre super dwindled to nothing. Pensioners and self-funded retirees are being slammed every which way as the "cash cows" of society, that should be pushed out of their homes - "and downsize" - to make way for a seemingly more important demographic: anyone under the age of 50. In 2025, around 58 per cent of Australians aged over 65 (around 2.4 million people) receive either the full or part age pension. But why would someone not have enough super to retire on comfortably? Compulsory super only came into play 30 years ago (around 10 years after Brendan Coates was born). "While Australians have reason to feel proud of the success of Australia's superannuation system ... the need for review, refinement and reform continues. An example is the retirement savings of Australian women," the Australian Prudential Regulation Authority states on their website. Older women are the fastest-growing group of homeless people in Australia. The 2021 Census reported a 6.6 per cent increase to women over 55 experiencing homelessness. Divorce and lack of super (due to raising children) are a big factor. Banks also won't give older people a loan for a home and rents have skyrocketed. The Superannuation Guarantee, with a mandatory three per cent contribution rate for employers came into effect in 1992 - nearly 20 years after reader of The Senior Suzanne G finished high school. "As a woman of 67 soon 68 ... back in 1974 when I finished school there was no superannuation," the retired pensioner told The Senior. She said she's worked all her life, owns her own home, and had a "meagre private super" which was cashed in some years ago to complete home renovations. The 1980s was the birth of superannuation for Aussies, but in the beginning, it was generally limited to public servants and white collar employees of large corporations. It was only in 2003 that provisions came in to allow the splitting of superannuation between divorcing or separating spouses, while 2007 saw investment losses for Australian superannuation funds of more than $200 billion thanks to the global financial crisis (GFC). The other flipside to all this: is if an older person does want to keep working they are either financially penalised (if they're on the age pension) or they're discriminated against by employers (according to the research by the Human Rights Commission and Australian Human Resources Institute). Who's with me and standing up for the rights of our wise elders? Retirees are humans too, with basic needs like anyone else. It's time the generations before them showed some respect. Share your comments below if you agree ... or disagree ...
The Advertiser
7 days ago
- The Advertiser
'Very angry, what's next?': Bendigo Bank to shutter services across regional Australia
Rural communities will have fewer banking services as Bendigo Bank moves to wind down its agency model and step up e-banking across regional Australia. It will shutter its limited banking services available via third parties such as news agencies and post offices in rural areas around Australia by the end of the year. See full list of closures: Twenty-eight Bendigo Bank agencies across NSW, Victoria, Queensland, South Australia and Western Australia will close this year. Bendigo Bank's chief customer officer, Taso Corolis, said it was a "difficult decision" made from "evolving customer preferences". Mr Corolis said the bank would "proactively" support customers, including by walking them through e-banking services. Murrumbidgee Council deputy mayor Robert Black said the community was "very very angry". The NSW Riverina council area has two agencies, Jerilderie and Darlington Point. He said the closure of the agencies comes after the loss of other services in the area, such as the local butcher, newsagency and hairdresser. "What will be next?" he asked. Cr Black said it would be rural residents who would bear the cost, including travelling between 30-150km to get to the next branch. "There is no compensation for rural residents," he said. "It's another one of the penalties for living in rural communities." He blamed the federal government's water buyback, which he said had seen rural communities "shrink". READ MORE: Professionals with highest salary growth in Australia Lachlan Shire Council mayor John Medcalf echoed the disappointment, adding there had been a lack of consultation. The NSW Central West Council will lose the Cargelligo and Condoblin agencies. "It will be especially hard for the elderly," he said. "It was sold to customers as a community bank; the more people invested in the community, the more dividends the community would get out of it." READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged Rural communities will have fewer banking services as Bendigo Bank moves to wind down its agency model and step up e-banking across regional Australia. It will shutter its limited banking services available via third parties such as news agencies and post offices in rural areas around Australia by the end of the year. See full list of closures: Twenty-eight Bendigo Bank agencies across NSW, Victoria, Queensland, South Australia and Western Australia will close this year. Bendigo Bank's chief customer officer, Taso Corolis, said it was a "difficult decision" made from "evolving customer preferences". Mr Corolis said the bank would "proactively" support customers, including by walking them through e-banking services. Murrumbidgee Council deputy mayor Robert Black said the community was "very very angry". The NSW Riverina council area has two agencies, Jerilderie and Darlington Point. He said the closure of the agencies comes after the loss of other services in the area, such as the local butcher, newsagency and hairdresser. "What will be next?" he asked. Cr Black said it would be rural residents who would bear the cost, including travelling between 30-150km to get to the next branch. "There is no compensation for rural residents," he said. "It's another one of the penalties for living in rural communities." He blamed the federal government's water buyback, which he said had seen rural communities "shrink". READ MORE: Professionals with highest salary growth in Australia Lachlan Shire Council mayor John Medcalf echoed the disappointment, adding there had been a lack of consultation. The NSW Central West Council will lose the Cargelligo and Condoblin agencies. "It will be especially hard for the elderly," he said. "It was sold to customers as a community bank; the more people invested in the community, the more dividends the community would get out of it." READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged Rural communities will have fewer banking services as Bendigo Bank moves to wind down its agency model and step up e-banking across regional Australia. It will shutter its limited banking services available via third parties such as news agencies and post offices in rural areas around Australia by the end of the year. See full list of closures: Twenty-eight Bendigo Bank agencies across NSW, Victoria, Queensland, South Australia and Western Australia will close this year. Bendigo Bank's chief customer officer, Taso Corolis, said it was a "difficult decision" made from "evolving customer preferences". Mr Corolis said the bank would "proactively" support customers, including by walking them through e-banking services. Murrumbidgee Council deputy mayor Robert Black said the community was "very very angry". The NSW Riverina council area has two agencies, Jerilderie and Darlington Point. He said the closure of the agencies comes after the loss of other services in the area, such as the local butcher, newsagency and hairdresser. "What will be next?" he asked. Cr Black said it would be rural residents who would bear the cost, including travelling between 30-150km to get to the next branch. "There is no compensation for rural residents," he said. "It's another one of the penalties for living in rural communities." He blamed the federal government's water buyback, which he said had seen rural communities "shrink". READ MORE: Professionals with highest salary growth in Australia Lachlan Shire Council mayor John Medcalf echoed the disappointment, adding there had been a lack of consultation. The NSW Central West Council will lose the Cargelligo and Condoblin agencies. "It will be especially hard for the elderly," he said. "It was sold to customers as a community bank; the more people invested in the community, the more dividends the community would get out of it." READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged Rural communities will have fewer banking services as Bendigo Bank moves to wind down its agency model and step up e-banking across regional Australia. It will shutter its limited banking services available via third parties such as news agencies and post offices in rural areas around Australia by the end of the year. See full list of closures: Twenty-eight Bendigo Bank agencies across NSW, Victoria, Queensland, South Australia and Western Australia will close this year. Bendigo Bank's chief customer officer, Taso Corolis, said it was a "difficult decision" made from "evolving customer preferences". Mr Corolis said the bank would "proactively" support customers, including by walking them through e-banking services. Murrumbidgee Council deputy mayor Robert Black said the community was "very very angry". The NSW Riverina council area has two agencies, Jerilderie and Darlington Point. He said the closure of the agencies comes after the loss of other services in the area, such as the local butcher, newsagency and hairdresser. "What will be next?" he asked. Cr Black said it would be rural residents who would bear the cost, including travelling between 30-150km to get to the next branch. "There is no compensation for rural residents," he said. "It's another one of the penalties for living in rural communities." He blamed the federal government's water buyback, which he said had seen rural communities "shrink". READ MORE: Professionals with highest salary growth in Australia Lachlan Shire Council mayor John Medcalf echoed the disappointment, adding there had been a lack of consultation. The NSW Central West Council will lose the Cargelligo and Condoblin agencies. "It will be especially hard for the elderly," he said. "It was sold to customers as a community bank; the more people invested in the community, the more dividends the community would get out of it." READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged
The Advertiser
23-07-2025
- The Advertiser
Revealed: professionals with the highest salary growth and those in decline
Engineers, lawyers and financial advisors have posted the highest salary growth in Australia. Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation. Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors. Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages." "Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are." Engineers reported the highest pay satisfaction of all professions. Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid. Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report. By contrast, architecture and design professionals were the most dissatisfied with pay conditions. Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector. Trade workers (manual labour) were similarly dissatisfied. They reported a 46 per cent increase in dissatisfaction levels. Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance. READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent). In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent). Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found. The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories. The average professional salary in Western Australia was $147,200. Western Australia also had the highest proportion of people earning over $250,000 at eight per cent. Tasmania had the lowest average salary in the country for professionals at $125,900. This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself Engineers, lawyers and financial advisors have posted the highest salary growth in Australia. Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation. Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors. Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages." "Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are." Engineers reported the highest pay satisfaction of all professions. Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid. Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report. By contrast, architecture and design professionals were the most dissatisfied with pay conditions. Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector. Trade workers (manual labour) were similarly dissatisfied. They reported a 46 per cent increase in dissatisfaction levels. Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance. READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent). In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent). Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found. The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories. The average professional salary in Western Australia was $147,200. Western Australia also had the highest proportion of people earning over $250,000 at eight per cent. Tasmania had the lowest average salary in the country for professionals at $125,900. This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself Engineers, lawyers and financial advisors have posted the highest salary growth in Australia. Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation. Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors. Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages." "Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are." Engineers reported the highest pay satisfaction of all professions. Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid. Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report. By contrast, architecture and design professionals were the most dissatisfied with pay conditions. Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector. Trade workers (manual labour) were similarly dissatisfied. They reported a 46 per cent increase in dissatisfaction levels. Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance. READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent). In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent). Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found. The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories. The average professional salary in Western Australia was $147,200. Western Australia also had the highest proportion of people earning over $250,000 at eight per cent. Tasmania had the lowest average salary in the country for professionals at $125,900. This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself Engineers, lawyers and financial advisors have posted the highest salary growth in Australia. Recruitment firm Hays' Salary Guide for FY25/26 shows that while certain professions are enjoying eye-watering pay rises, other professions face wage stagnation. Hays surveyed more than 12,000 professionals and hiring managers across 1000 roles and 25 sectors. Hays Asia Pacific CEO Matthew Dickason said "it's no longer enough to cite skills shortages." "Unless those shortages are matched with real salary action that aligns with expectations and industry benchmarks, talent will move where the opportunities are." Engineers reported the highest pay satisfaction of all professions. Thirty-eight per cent say they are 'fairly' paid and six per cent say they are overpaid. Accountants and auditors came in next with 33 per cent saying they are 'fairly' paid, and three per cent indicating they are overpaid, according to the report. By contrast, architecture and design professionals were the most dissatisfied with pay conditions. Sixty-one per cent say they plan to change jobs in the next six months, one of the highest potential job shifts in the sector. Trade workers (manual labour) were similarly dissatisfied. They reported a 46 per cent increase in dissatisfaction levels. Sales and marketing professionals experienced a 33 per cent rise in dissatisfaction due mainly to poor work-life balance. READ MORE: Baby Boomers are crypto's fastest-growing investors but they've been upstaged The top five sectors for year-on-year salary growth were financial and insurance services (12.9 per cent), construction (11.7 per cent), IT (9.6 per cent), legal (7.8 per cent) and mining (6.8 per cent). In terms of future pay intentions, media (31 per cent) led the way, followed by legal (14 per cent), construction (12 per cent), technology and IT (9 per cent). Air and marine transport (30 per cent) and education professionals (21 per cent) were most likely to report minimal salary increases of just 2.5 per cent or less, the report found. The national average salary in the Hays database for mid to senior-level professional positions was $141,900 with Western Australia leading the states and territories. The average professional salary in Western Australia was $147,200. Western Australia also had the highest proportion of people earning over $250,000 at eight per cent. Tasmania had the lowest average salary in the country for professionals at $125,900. This compared to $143,800 in NSW, $142,300 in Victoria and $140,500 in the ACT READ MORE: How COVID, flu, RSV are tracking this winter - and how to protect yourself
