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Data Analyst Salary in Australia 2024: Nowadays, data is present everywhere! In the future, everything will be data! Big Data’s enormity is well known. In the near future, a ton of big data solutions will develop. Now is the ideal moment to begin your journey into big data analytics and change roles as soon as you can to get more domain experience that will pave the way for your future as a data scientist.
Experts in this sector find that a Data Analytics Career in Australia is a desirable option due to its alluring compensation opportunities. Expert data analysts are in great demand, which drives up compensation. Higher income levels than many other countries can be attributed to Australia’s strong economy and competitive work market. Australia pays between AU$ 90,000 and AU$ 110,000 for data analyst salaries annually. Read this complete article to learn about Data Analyst Salary in Australia in detail.
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For more information about data analysts, read the steps that will help you become a data analyst.
Benefits of Data Analyst Jobs In Australia
One of the advantages of being a data analyst is that they can leverage data analytics to accomplish their goals, remain ahead of the competition, and accelerate growth.
- Enhancement of Decision-Making: The primary advantage of data analytics is improved decision-making. It provides incisive, data-driven information to help businesses better understand their markets, operations, and clientele. They are able to identify connections, trends, and patterns.
- Enhanced Productivity and Efficiency: By automating and optimizing workflows, optimizing the use of available resources, and reducing the amount of human labor required, data analytics helps businesses to enhance productivity and efficiency.
- Enhanced Risk Management: Organizations are able to see trends and connections in data from multiple sources that indicate possible hazards. For example, data analytics can help businesses spot possible fraud, internet dangers, or operational hazards.
- Enhanced Customer Experience: Data analytics helps businesses find ways to improve their customer experience, like cutting wait times, improving customer service, or simplifying user interfaces. It does this by providing valuable insights into customer behavior, preferences, and needs.
Experience Wise Data Analyst Salary in Australia
In the below graph, you can check the Data Analyst Salary Australia based on the level of experience.
| Level | Year of Experience | Average Salary |
| Entry-level Data Analyst Specialist | Less than 1 year | A$68,000 – A$95, 569 |
| Mid-level Data Analyst Specialist | 1 to 4 years | A$115,000 – A$149,000 |
| Senior-level Data Analyst Specialist | 5 to 9 years | A$154,000 – A$168,000 |
Data Analyst Salary: Similar Job Position with Salary
Here are some of the similar professions with high salaries in Austria.
| Job Positions | Average Salary |
| Audit Manager | A$130,250 |
| System Engineer | A$125,789 |
| Risk Analyst | A$115,120 |
| Management Analyst | A$113,196 |
| Business Analyst | A$112,411 |
| Systems Analyst | A$108,685 |
If you are looking for extra income while studying in Australia, you can read about part-time jobs in Australia for international students.
Highest Paying Cities in Australia for Data Analysts
Here is a list of some popular cities in Australia with average salaries for data analysts.
| Cities | Average Pay |
| Canberra | A$105,000 |
| Sydney | A$97,500 |
| Hobart | A$94,490 |
| Melbourne | A$100,000 |
| Gold Coast | A$97,499 |
| Perth | A$97,500 |
| Brisbane | A$96,170 |
| Newcastle, Maitland & Hunter | A$97,500 |
Industries with the Highest Salaries for Data Analysts
Here is a list of some top Industries with the highest salaries for Data Analysts
| Industries | Average Pay |
| Banking & Financial Services | A$109,415 |
| Consulting & Strategy | A$101,868 |
| Information & Communication Technology | A$119,644 |
| Government & Defence | A$103,849 |
| Education & Training | A$99,102 |
| Accounting | A$99,770 |
| Healthcare & Medical | A$95,795 |
| Healthcare & Medical | A$95,795 |
Top Companies for Data Analysts in Australia
Here is the list of some Companies for data Analysts in Australia
| Companies | Average Pay |
| Commonwealth Bank of Australia | A$91,500 |
| Westpac Group | A$1,14,50 |
| Quantium | A$95,000 |
| CoreLogic | A$86,375 |
| Deloitte | A$70,000 |
| Optus | A$1,03,500 |
| Equifax | A$70,000 |
| University of Sydney | A$1,00,000 |
| PwC | A$79,000 |
| A$1,10,000 | |
| Woolworths Group | A$1,04,500 |
| Servian | A$70,000 |
Part-time income helps you manage your extra expenses. For working part-time in Melbourne, refer to this blog.
FAQs
Here are a few steps that help you to become a Data Analyst in Australia
Completed your education in the relevant field
Gain Relevant Experience and Experience
Build Practical Experience
Networking and Professional Development
Job Search
The demand for data analysts is robust. There are a limited number of people who can do this job well. As a result, data analysts can earn large salaries, enjoy flexible work, and experience excellent perks.
The average annual salary for Data Analyst jobs in Australia ranges from $85,000 to $105,000.
As is typical in Australia, the majority of work that you’ll find in Data Scientist roles will be based out of either Sydney or Melbourne, however, there are still opportunities to be found in other capitals as well. Each Data Science salary in Australia below is taken from Payscale.
Hopefully, you Unlock Your Earning Potential: The Ultimate Guide to Data Analyst Salary in Australia. If you want to read more articles related to salary, follow Leverage Edu.
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