Overview
EMPLOYED
548,400
PART-TIME SHARE
14%
WORKFORCE SHARE
3.7%
FEMALE SHARE
52%
MEDIAN WEEKLY EARNINGS
$2,163
MEDIAN AGE
41
Around 3.7% of workers have their main job in the Financial and Insurance Services industry.
Businesses in this industry are mainly involved in activities like:
- Banking and other financial services
- Life, health and other insurance cover
- Superannuation funds
- Other auxiliary finance and insurance services
A large share of the workforce work in cities.
Median earnings are $2,163 per week, higher than all industries median earnings of $1,741.
Details
On this page
Employment
Employment in the Financial and Insurance Services industry grew over the 20 years to November 2025.
The number of workers grew by 3,100 (or 0.6%) over the last year.
| Quarterly employment, Financial and Insurance Services | Employment |
|---|---|
| 374000 | |
| 378700 | |
| 384400 | |
| 390700 | |
| 397400 | |
| 402600 | |
| 405500 | |
| 406700 | |
| 407300 | |
| 407200 | |
| 406600 | |
| 405300 | |
| 403200 | |
| 401200 | |
| 399900 | |
| 399700 | |
| 400100 | |
| 399700 | |
| 398300 | |
| 398500 | |
| 401600 | |
| 407800 | |
| 415000 | |
| 420500 | |
| 423700 | |
| 425000 | |
| 425000 | |
| 423600 | |
| 422000 | |
| 420800 | |
| 419900 | |
| 418200 | |
| 415200 | |
| 412100 | |
| 409800 | |
| 408800 | |
| 409200 | |
| 411300 | |
| 415600 | |
| 422600 | |
| 429500 | |
| 433500 | |
| 435600 | |
| 436300 | |
| 436200 | |
| 436100 | |
| 434500 | |
| 432800 | |
| 432900 | |
| 435300 | |
| 438600 | |
| 441100 | |
| 441900 | |
| 443000 | |
| 445000 | |
| 449500 | |
| 455900 | |
| 462700 | |
| 468700 | |
| 473200 | |
| 477400 | |
| 483600 | |
| 493700 | |
| 507200 | |
| 521300 | |
| 534400 | |
| 543800 | |
| 549200 | |
| 552400 | |
| 553200 | |
| 553400 | |
| 552200 | |
| 548900 | |
| 543900 | |
| 540400 | |
| 541200 | |
| 545300 | |
| 550200 | |
| 553000 | |
| 551500 | |
| 548400 |
Sectors
Depository Financial Intermediation is the largest sector in the Financial and Insurance Services industry, employing 191,600 workers.
| Employment by industry sectors | Employment |
|---|---|
| Depository Financial Intermediation | 191600 |
| Auxiliary Finance and Investment Services | 163800 |
| Health and General Insurance | 105000 |
| Auxiliary Insurance Services | 25200 |
| Superannuation Funds | 18400 |
| Financial Asset Investing | 13900 |
| Life Insurance | 7700 |
| Non-Depository Financing | 5200 |
| Central Banking | 3100 |
Occupations
Financial Brokers is the largest employing occupation in the Financial and Insurance Services industry.
The 10 largest employing occupations are shown below.
Some occupations are common across a number of industries.
Largest employing occupations
| ANZSCO Code | Occupation title |
|---|---|
| 2221 | Financial Brokers |
| 2223 | Financial Investment Advisers and Managers |
| 5521 | Bank Workers |
| 5523 | Insurance, Money Market and Statistical Clerks |
| 5522 | Credit and Loans Officers |
| 2613 | Software and Applications Programmers |
| 2211 | Accountants |
| 1322 | Finance Managers |
| 2247 | Management and Organisation Analysts |
| 1499 | Other Hospitality, Retail and Service Managers |
Data Downloads
Industry data
This file contains data for all 19 industries to make comparing industry data easy. Information available includes:
- industry overview
- industry employment (20-year time series)
- industry sector employment
- top employing occupations by industry.
Industry data - November 2025 (Revised).xlsx
industry_data_-_november_2025_revised.xlsx105759
Download