Overview
EMPLOYED
546,000
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 February 2026.
The number of workers fell by 3,600 (or -0.6%) over the last year.
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Sectors
Depository Financial Intermediation is the largest sector in the Financial and Insurance Services industry, employing 190,400 workers.
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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.