Yes, nursing can be a high-paying job, especially in specialized roles like Nurse Anesthetists (CRNAs) or Nurse Practitioners (NPs), which can earn over $100k-$200k annually in the U.S., while general Registered Nurses (RNs) earn a strong median salary, with significant income potential from experience, extra shifts, and advanced degrees. The pay varies widely by specialty, location, and qualifications, but overall, it's a financially rewarding career with high demand and stability.
The average salary for an enrolled nurse in Australia is around $70,000, and $88,000 for a registered nurse – but it will vary from state to state and city to city. Most of all, it varies by experience.
High-paying nursing jobs
Jobs paying $500k+ in Australia are primarily in highly specialized fields like Medical Specialists (surgeons, anaesthetists), Senior Finance/Executive Roles (CFO, Head of Treasury, Investment Directors), and high-end Sales & Construction Management (Elite Stockbrokers, Senior Project Managers/Estimators in complex sectors). While roles like Neurosurgeon and Ophthalmologist average well over $500k, achieving this in other sectors often involves performance-based bonuses or leading major projects, with opportunities listed on job boards like SEEK and Jora.
The highest-paid nurses are Certified Registered Nurse Anesthetists (CRNAs), who administer anesthesia and earn significantly more than other nursing roles, often exceeding $200,000 annually. Other top earners include Nurse Practitioners (NPs), Certified Nurse-Midwives (CNMs), and specialized roles like Pain Management Nurses, often requiring advanced degrees (Master's or Doctorate) and certifications.
Nurses often work long hours performing tasks that are both physically and emotionally demanding. What's more, the work nurses perform can have important and even life-or-death consequences for patients, significantly adding to workplace stress.
The lowest-paid nurses are typically entry-level Enrolled Nurses (ENs) or Nursing Assistants/Assistants in Nursing (AINs), especially those in training or early career stages, with wages varying by country and state but generally starting significantly lower than Registered Nurses (RNs), sometimes below $30/hour or equivalent in local currency, as they perform more basic, supervised patient care.
In 2022 the median income in Australia was $65,000 a year according to the Australian Bureau of Statistics. Anyone making less than this amount would be considered working class. Anyone making more than $137,000 falls in the top 10% which is considered upper class.
The #1 highest-paying job is consistently in the medical field, with Surgeons and Anesthesiologists often topping lists globally and in countries like Australia, earning over $400,000 AUD on average due to extensive training and high-pressure responsibilities, though roles like Financial Dealers, CEOs, and specialized Engineers also rank high.
Here are some of the lowest-paid jobs in Australia:
Pharmacology: Pharmacology, or the study of medication, can seem scary because of the sheer scope of the course. “It becomes one of the hardest classes for nursing students due to the depth and amount of knowledge needed,” says Megan Lynch, RN and instructor at Pima Community College.
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As we have previously detailed, an entry-level Registered Nurse can expect to earn around $1084.10 per week, which is enough for a single person to easily cover living costs and leave a little leftover for savings. Obviously, as you progress through your career, things will become more comfortable.
What are the highest-paid nurses in the world? Nurses in Switzerland are the highest-paid nurses in the world. They make an average annual salary of 107,487 in USD.
Registered nurses make a good wage. According to the most recent numbers from the U.S Bureau of Labor Statistics, the median annual salary for registered nurses is $93,600.
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A low income in Australia varies, but generally involves earning below the median (around $1,425/week in Aug 2025) or below specific government thresholds, like the $948/week ($24,95/hr) National Minimum Wage (as of July 2025) for full-time work, with lower thresholds applying for benefits like the Low Income Health Care Card (around $800/week for singles). For tax purposes, incomes under $37,500-$45,000 might qualify for offsets, while affordable housing eligibility depends heavily on household size, with singles needing under $52,100 annually for low-cost options.
To keep things simple, let's consider where the Internal Revenue Service (IRS) sets the bar for the top 1% of earners first. According to a 2025 SmartAsset study, you need $731,492 to be in the top 1% of earners nationwide. An annual income anywhere in the vicinity of that figure would certainly make you rich.
Yes, $600,000 can be enough to retire at 60 in Australia for many, especially if you're a single person aiming for a comfortable lifestyle, but it depends heavily on your spending, assets, and eligibility for the Age Pension. While some sources suggest $600k covers a single's comfortable retirement (around $52k-$53k/year), it's near the lower end, and couples might need closer to $700k for a similar standard, making financial planning crucial for a stress-free retirement.
Examples of low-stress nursing positions include school nurse, nurse researcher, case management nurse, and more. Work-life balance benefits—such as no night shifts, weekends, or holidays—are a major factor in what makes these jobs less stressful compared to hospital bedside roles.
More than half of the nursing profession feel they are underpaid and overworked, resulting in the likelihood of patient's needs not being met, significantly increasing.
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