Money Magazine

Better skills can mean better pay

In today’s competitive job market, having a respected qualification can fast-track your career – and your wealth. One in three Australians holds a bachelor degree, but just one in 10 has postgraduate qualifications. And the extra years of study can give your pay packet a much-needed bump.

Data from a 2018 KMPG report “Is Tertiary Education Worth It?” confirms that financial gain goes hand-in-hand with tertiary qualifications. Weekly pay for both male and female graduates is around $500 higher than for workers with vocational and Year 12 qualifications.

The upshot is that several years of living on two-minute noodles and being fifth in line for the shower in a student share house can

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