East Asia and Pacific

Graduate jobs and salaries in Australia

Updated Data years: 2021, 2024, 2025 How we use data

Older data (2021) The latest official figure is from 2021. It may not reflect today's labour market.

Quick answer

In Australia, employees with tertiary education earned a median of A$6,400 a month in 2021 (PPP$ 4,255) — +28% compared with all employees. Their unemployment rate was 2.6%, against 3.1% for all adults aged 25 and over (2025).

Sources: ILOSTAT (ILO) · OECD

Do graduates earn more in Australia?

Median monthly earnings by education level, Australia, 2021Employees, median monthly earnings. PPP$ adjusts for price differences between countries.
Education levelLocal currency a monthPPP$ a monthvs all employees
Basic education A$3,256 2,165 -35%
Intermediate education A$4,400 2,925 -12%
Advanced (tertiary) education A$6,400 4,255 +28%
Short-cycle tertiary A$5,018 3,336 0%
Bachelor's or equivalent A$6,490 4,314 +30%
Master's or equivalent A$7,596 5,050 +52%
All levels A$5,000 3,324 —

The degree premium ranks 94 of 128 countries with data. That is below the East Asia and Pacific median of +52%.

Earnings over time (PPP$ a month)

Advanced (tertiary) educationAll levels
02.3K4.7K 20152021

PPP$ values are in current international dollars, so part of the rise reflects inflation.

Earnings compared with upper secondary education (OECD)

The OECD compares the earnings of adults aged 25–64 with each level of education to those who finished upper secondary school (= 100). Latest year: 2024.

Education levelIndex (upper secondary = 100)
Short-cycle tertiary109
Bachelor's or equivalent131
Master's, doctoral or equivalent150
All tertiary131
Below upper secondary95

Source: OECD, Education at a Glance. Full-time, full-year earners.

Are graduates less likely to be unemployed in Australia?

Unemployment rate by education level, 2025
Education levelAdults 25+Young people 15–24
Less than basic education8.1%1.3%
Basic education5.6%15.5%
Intermediate education3.3%7.9%
Advanced (tertiary) education2.6%4.9%
All levels3.1%9.5%

Unemployment among tertiary-educated adults is the 27 lowest of 130 countries with data. The East Asia and Pacific median is 2.3%.

Unemployment over time, adults 25+

Advanced (tertiary) educationAll levels
0.02.85.5 20152025

Graduate employment by field of study in Australia

Employment rate of adults aged 25–64 with tertiary education, by field of study (OECD, 2024).

Field of studyEmployment rate
Agriculture, forestry, fisheries and veterinary
Agriculture, Veterinary science
96.2%
Information and communication technologies
Computer science
91.3%
Engineering, manufacturing and construction
Aerospace engineering, Architecture, Chemical engineering, Civil engineering
90.7%
Services
Hospitality and tourism, Sports science
89.9%
Business, administration and law
Accounting and finance, Business management, Law, Marketing
88.0%
Education
Education
87.8%
Health and welfare
Biomedical science, Dentistry, Medicine, Nursing
87.7%
Arts and humanities
Design, English literature, History, Modern languages
86.9%
Natural sciences, mathematics and statistics
Biology, Chemistry, Data science, Environmental science
86.2%
Social sciences, journalism and information
Criminology, Economics, Geography, International relations
85.5%
All fields88.4%

Studying and working in Australia

Rules on student visas, work after graduation and recognition of qualifications change often. Use the official sources below and check the date on any advice you read.

Guide: how to choose a country to study in · Guide: getting your degree recognised abroad

Country context

Population
27.6M (2025)
GDP per person (PPP)
$71,934 (2025)
Tertiary enrolment (gross)
108.4% (2024)

Questions about graduate jobs in Australia

Do graduates earn more than non-graduates in Australia?

According to the International Labour Organization, employees in Australia with tertiary education earned a median of A$6,400 a month in 2021, compared with A$5,000 for all employees — +28%. The degree premium ranks 94 of 128 countries with data.

What is the unemployment rate for graduates in Australia?

In 2025, the unemployment rate for adults aged 25 and over with tertiary education in Australia was 2.6%, compared with 3.1% for all adults. Among young people aged 15–24 with tertiary education it was 4.9%.

Where can I find official information about studying in Australia?

Start with the official study portal and immigration pages linked on this page. They set out entry requirements, student visas and any rights to work after graduating, which change more often than most guides are updated.

Compare with other countries in East Asia and Pacific

Compare Australia side by side

  • Malaysia

    2.2%
    unemployment, tertiary-educated adults (2022)

    East Asia and Pacific
  • Cambodia

    +54%
    more for tertiary-educated employees (2025)

    East Asia and Pacific
  • South Korea

    2.6%
    unemployment, tertiary-educated adults (2025)

    East Asia and Pacific
  • Myanmar

    -16%
    more for tertiary-educated employees (2020)

    East Asia and Pacific
  • Thailand

    +74%
    more for tertiary-educated employees (2025)

    East Asia and Pacific
  • Laos

    +1%
    more for tertiary-educated employees (2022)

    East Asia and Pacific

Sources

  1. ILOSTAT — Median monthly earnings of employees by education — HIES - Household, Income and Labour Dynamics Survey, 2021
  2. ILOSTAT — Unemployment rate by age and education — LFS - Labour Force Survey, 2025
  3. OECD — Education at a Glance, labour-market outcomes — Relative earnings and employment by field of study
  4. World Bank — World Development Indicators — Population, GDP per person (PPP) and tertiary enrolment

How to cite this page: CourseToJob (2026). Australia: graduate salaries, jobs and unemployment. https://coursetojob.com/countries/australia/ (accessed September 26, 2026)

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