Ever wondered what the job market will look like in the future?
The job market is always changing, in fact it is believed that 65% of children entering primary school today will ultimately end up working in completely new jobs that don’t exist yet.
In this article, we'll explore the concept of future Australian jobs highlighting the jobs of the future in 2030 and the areas of demand. Whether you have kids, are looking for new opportunities or are simply curious, fasten your seatbelts as we embark on a journey to uncover the fascinating employment possibilities that lie ahead.
Future Industries in Demand
The employment landscape is expected to undergo significant transformations by 2030.
Although there are no guarantees on how much jobs will change, several industries are poised for growth, creating numerous job opportunities for Australians. Let's delve into some of the sectors likely to lead the jobs of the future:
1. Technology and Digital Transformation
Jobs related to artificial intelligence, cybersecurity, data science, and other tech fields will be in high demand. New technologies like virtual reality and blockchain will also create job opportunities.
2. Renewable Energy and Sustainability
With a greater focus on protecting the environment, jobs in renewable energy, such as solar and wind energy, will increase. Careers in energy efficiency and sustainable planning will also be important.
3. Healthcare and Aged Care
As the population ages, jobs in healthcare and aged care will be in demand. Nursing, geriatric care, telemedicine, and health informatics will play a crucial role in taking care of older adults.
4. Creative Industries
The creative sector, including digital media, gaming, and content creation, will continue to grow. Jobs in animation, digital marketing, and user experience design will be sought after.
Future Jobs in Demand
Now we have looked at some industries in Australia, we can look deeper into some new job roles that might emerge or change in the future. Here are a few examples of the future Australian Jobs:
1. Drone Traffic Managers
As drones become more common, professionals who can manage drone traffic and ensure safety will be needed.
2. Genetic Counsellors
With advances in genetics and personalized medicine, genetic counsellors will help people make informed decisions about their health based on their genetic information.
3. Virtual Reality Architects
Architects who specialize in creating virtual reality environments for gaming, architecture visualisation, and virtual tourism will be in demand.
4. Ethical AI Specialists
As artificial intelligence becomes more prevalent, experts who can ensure ethical considerations in AI design and decision-making will be important.
Jobs of the Future 2030 Australia
Australia's unique economy and demographics will contribute to the specific future Australian jobs in demand. Here are some areas expected to witness growth
1. Regional Development Specialists:
Professionals who can help with economic development, infrastructure planning, and job creation in regional areas will be needed.
2. Indigenous Cultural Advisors
There will be opportunities for people who can bridge the gap between Indigenous cultures and contemporary practices in various industries.
3. Cybersecurity Experts
As cybersecurity threats increase, skilled professionals who can protect digital infrastructure and ensure data privacy will be crucial.
To prepare for the future job market, it's important to be aware of the jobs that will be in demand. Jobs of the future in Australia will be in technology, renewable energy, healthcare, creative industries, and emerging fields.
Acquiring Crucial Skills for 2030 and Beyond
Understanding and procuring the skills needed for the Jobs of the future in Australia is an essential measure for your career evolution and for preparing your children for their own pathways – paths that may change up to 6 times and entail 18 jobs.
While continuous education, re-skilling, and up-skilling can impose considerable financial strain, there are ways to ease this burden. Options such as Futurity Education Bonds or other tax-efficient investment products can be explored to manage the resources needed for your family's educational expenses.
Remember, the journey towards knowledge should be a lifelong ambition for both you and your children.
Funding Your Family's Lifelong Educational Journey
Education Bonds, designed specifically to facilitate saving and investing for education, can help accumulate funds for educational expenses in a tax-efficient way. They provide the security needed to continuously fund your and your children's learning, irrespective of age.
Considering the substantial changes foreseen in the Australian job market, equipping yourself and your children with new skills to remain relevant is crucial.
If you have any questions about how a Futurity Education Bond may be able to help with your Education Savings, speak with your Financial Adviser. Or, get in touch with us!