The digital services, finance and IT industry is dynamic. More and more, the industry relies on short courses and micro-qualifications to upskill workers to adapt to the changing landscape. If you love technology, data and analytics, this could be the perfect field for you.
What people love about working in digital media, finance and IT
Here are some of the benefits of working in digital media, finance and IT:
- This is an industry for innovation and scale. The work you do could impact many people’s work and personal lives.
- You could work for a technology company and use technology to solve large problems.
- You could work in high-stakes fields like finance or cyber security, where your work could have a big impact.
- The industry is great for people who like remote or hybrid work, perfect if you like a flexible lifestyle.
Where you can work
The digital services, finance and IT industry has a wide range of employers. For example, you could work as a software developer, financial planner or investment broker.
The kinds of digital services, finance and IT industry settings you could work in include:
- technology companies
- financial services firms
- banks
- telecommunications companies
- any businesses requiring digital services
- media companies.
Median salary
Jobs in digital services, finance and IT may be in the financial and insurance services industry or the information media and telecommunications industry.
The median weekly earnings for these industries in Australia are:
- Financial and insurance services industry: $1,750
Source: Jobs and Skills Australia(opens in a new window) - Information media and telecommunications industry: $1,630
Source: Jobs and Skills Australia(opens in a new window).
Note that these salaries are current as of July 2024 and are indicative only. A range of salaries apply to different roles across the industry.
Job demand in Victoria
Below are the projected employment forecasts for the financial and insurance services industry in Victoria. Figures show the number of workers in 2023 and the new workers expected to enter the workforce by 2026.
‘New workers expected’ accounts for workers adding new jobs to the economy and replacing retirees over the next 3 years. These forecasts are estimates only. There will be additional jobs available as people move between jobs and industries.
| Region | Workers 2023 | Workforce growth 2023-2026 | New workers needed by 2026 |
|---|---|---|---|
| Victoria | 163,664 | 0.5% | 10,502 |
| Melbourne – inner metropolitan | 107,921 | 0.5% | 7,004 |
| Melbourne – inner south-east metropolitan | 11,074 | 0.4% | 676 |
| Melbourne – southern metropolitan | 7,428 | 0.4% | 453 |
| Melbourne – northern metropolitan | 6,320 | 0.6% | 417 |
| Melbourne – eastern metropolitan | 11,176 | 0.5% | 705 |
| Melbourne – western metropolitan | 7,532 | 0.5% | 495 |
| Ballarat and surrounds (Central Highlands) | 1,545 | 0.7% | 107 |
| Bendigo, Echuca and surrounds (Loddon Campaspe) | 2,574 | 0.3% | 148 |
| Geelong, Colac and surrounds (Barwon) | 32,220 | 4.1% | 6,256 |
| Gippsland | 3,234 | 0.4% | 199 |
| Horsham and surrounds (Wimmera Southern Mallee) | 440 | 0.5% | 28 |
| Mildura, Swan Hill and surrounds (Mallee) | 915 | 0.6% | 62 |
| Shepparton, Seymour and surrounds (Goulburn) | 707 | 0.2% | 39 |
| Wangaratta, Wodonga and surrounds (Ovens Murray) | 545 | 0.2% | 30 |
| Warrnambool, Hamilton and surrounds (Great South Coast) | 642 | 0.2% | 35 |
Below are the projected employment forecasts for the information, media and telecommunications industry in Victoria. Figures show the number of workers in 2023 and the new workers expected to enter the workforce by 2026.
‘New workers expected’ accounts for workers adding new jobs to the economy and replacing retirees over the next 3 years. These forecasts are estimates only. There will be additional jobs available as people move between jobs and industries.
| Region | Workers 2023 | Workforce growth 2023-2026 | New workers needed by 2026 |
|---|---|---|---|
| Victoria | 56,387 | 0.7% | 4,004 |
| Melbourne – inner metropolitan | 29,022 | 0.6% | 1,939 |
| Melbourne – inner south-east metropolitan | 3,731 | 0.7% | 289 |
| Melbourne – southern metropolitan | 3,805 | 0.8% | 276 |
| Melbourne – northern metropolitan | 4,322 | 0.9% | 349 |
| Melbourne – eastern metropolitan | 5,938 | 0.8% | 430 |
| Melbourne – western metropolitan | 3,836 | 0.8% | 289 |
| Ballarat and surrounds (Central Highlands) | 1,104 | 0.8% | 79 |
| Bendigo, Echuca and surrounds (Loddon Campaspe) | 927 | 0.6% | 66 |
| Geelong, Colac and surrounds (Barwon) | 1,796 | 1.3% | 165 |
| Gippsland | 519 | 0.3% | 31 |
| Horsham and surrounds (Wimmera Southern Mallee) | 261 | 0.3% | 17 |
| Mildura, Swan Hill and surrounds (Mallee) | 451 | 0.4% | 30 |
| Shepparton, Seymour and surrounds (Goulburn) | 283 | 0.4% | 18 |
| Wangaratta, Wodonga and surrounds (Ovens Murray) | 241 | 0.7% | 18 |
| Warrnambool, Hamilton and surrounds (Great South Coast) | 151 | 0.1% | <10 |
Source: Victorian Skills Authority employment forecast dashboard
Career success stories
Gabriel taps into a future-proof IT career
“Almost every industry needs IT experts, whether they’re in health, education, business or something else. If you study any kind of IT course, you open doors to lots of different jobs.”
The other side of farming: Harry shares his agribusiness experience
“I never really had an interest in working outdoors, but I wanted to get involved. Finance and administration has been a great fit for me. The business side complements the outdoor farming side.”
Resources to plan your next steps
Visit our digital services, finance and IT industry profile to find out about:
- what it’s like to work in digital services, finance and IT, and some of the jobs you could do
- training and skills to work in the industry, and financial assistance to help pay for your course
- help getting a job in digital services, finance and IT, and industry job forecasts for Victoria
- other free resources and advice to plan your training and career.
Explore growing industries in your region
Training and careers in your region
Explore training, skills and job opportunities in your area of Victoria. Find out where you could work, what kind of job you could do, and what training you’ll need.
Training and careers in growing industries
Learn about high demand industries in Victoria. Find out where you could work, what kind of jobs you could do, and what training you’ll need.
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