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Skilled Occupation PROFESSIONALS Business, Human Resource and Marketing Professionals > Information and Organisation Professionals Economists Economist



ECONOMIST

    Alternative Title:
      Economic Analyst

    Performs economic research and analysis, develops and applies theories about production and distribution of goods and services and people's spending and financial behaviour, and provides advice to governments and organisations on economic policy issues.

    Skill Level: 1

    Specialisations:

      Agricultural Economist
      Econometrician
      Economic Forecaster
      Environmental Economist
      Health Economist
      Labour Market Economist
      Mineral Economist
      Taxation Economist

Economist
Average Income:
The average salary for an Economist is $ 145,549 for male employees and $ 89,182 for female employees per year.
[See: www.abs.gov.au 2243 Economists - Employee Earnings and Hours, Australia, May 2016]



Australian visa options for Economic Analyst (Economist)

Employer Sponsorship
Direct Entry
Permanent
Permanent
Skilled Occupation
ANZSCO Code
Assessing Authority
189 Visa
190 Visa
489 Visa
186 Visa
187 Visa
457 Visa
Economist
224311
VETASSESS

Economist categories in Group A. To obtain a positive skills assessment form VETASSESS, applicants wishing to be assessed as a Economist must have a qualification minimum at the level of an Australian qualifications Framework (AQF) Bachelor degree.
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Sponsorship options for Economist
____________________________________________________________________________________________________________
190 Visa Sponsorship
489 Visa Sponsorship
Northern Territory (NT) (Darwin) Government Visa Sponsorship
NT NT
NTFor applicants who are able to provide evidence of positive employment prospects NTFor applicants who are able to provide evidence of positive employment prospects
NTFor Graduates in the NTNTFor Graduates in the NT
NTFor applicants who have strong family connectionsNTFor applicants who have strong family connections
NTFor applicants who meet the NT residency and work requirements (including 485, 417, 462 and 457 visas Holders)NTFor applicants who meet the NT residency and work requirements (including 485, 417, 462 and 457 visas Holders)
Nomination by South Australia State Government (SA) (Adelaide)
SAAvailable to all applicants including South Australian international graduates.
  • Special Conditions (from 23/07/2016 ): Available to international graduates in South Australia, OR applicants have worked in a skilled occupation in South Australia, OR have an immediate family member permanently residing in South Australia OR have 85 points or higher (including state nomination points).
  • Special Conditions Apply
  • Competent Plus English (e.g. IELTS 6.5 in each band) (or Proficient overall)
  • 49 years or less
  • Financial capacity
  • See Exemption considerations for International graduates of South Australia
  • Processing Times: 6 - 7 weeks (Current at: 13/7/2016)

List current as of 08/12/2016
SAAvailable to all applicants including South Australian international graduates.
  • Special Conditions (from 23/07/2016 ): Available to international graduates in South Australia, OR applicants have worked in a skilled occupation in South Australia, OR have an immediate family member permanently residing in South Australia OR have 85 points or higher (including state nomination points).
  • Special Conditions Apply
  • Competent Plus English (e.g. IELTS 6.5 in each band) (or Proficient overall)
  • 49 years or less
  • Financial capacity
  • See Exemption considerations for International graduates of South Australia
  • Processing Times: 6 - 7 weeks (Current at: 13/7/2016)
Eligible Postcodes: Entire territory (including Adelaide, Mount Gambier, Whyalla, Gawler, Port Pirie, Bridgewater, Port Augusta, Murray Bridge, Port Lincoln, Mount Barker, Victor Harbor and Aldinga Beach)


List current as of 08/12/2016
SA SA
Victoria State Nomination (VIC) (Melbourne)
VIC VIC
VIC For Graduates in Victoria:
  • completed a PhD in Victoria within the past five years.
  • IELTS: Minimum 6.0 in each band
VIC For Graduates in Victoria:
  • completed a PhD in Victoria within the past five years.
  • IELTS: Minimum 6.0 in each band
Skilled Migration Western Australia State Nomination (WA) (Perth)
WA WA
New South Wales (NSW) (Sydney) State Visa Sponsorship
NSW
NSW
Far South Coast
Mid North Coast
Murray
Northern Inland
Orana
Riverina
Southern Inland
Queensland (QLD) State Visa Sponsorship (Brisbane)
QLD QLD
QLD For PhD Graduates in Queensland:
  • Completed within the last two years
  • Have a positive decision on thesis
  • Sufficient funds
  • Sponsorship Fee: $ 200
Australian Capital Territory (ACT) (Canberra) Visa Sponsorship
ACT
  • Closed

  • Applicants working in Canberra are eligible to apply. Overseas applicants with an ACT job offer or close family member living in Canberra may be eligible to apply.

  • IELTS result with a minimum score of 6 (L, R, W), 7 in speaking and 7 overal; or OET result with a minimum grade B in all sections; or TOEFL iBT with a minimum score (L:12 R:13 W:21 S:23 overallL93); or PTE Academic with a minimum score of 50 (L, R, W), 65 in speaking and 65 overal; (For overseas residents)

  • Passport Holders of the following countries are exempt from submitting IELTS or OET: UK; Canada; New Zealand; US; or Ireland

  • Service fee: A$300

Effective 13 September 2016, applications for ACT nomination from overseas residents will not be accepted. The program reopens in July 2017.

ACT
Tasmanian (TAS) (Hobart) Government Visa Sponsorship
TASNomination Criteria:
  • Available to Tasmanian international graduates who studied for a minimum of one academic year (46 weeks);
    or
  • have formal job offer for a job that is based in Tasmania and in-line with applicant's skills assessment (for a minimum of 35 hours per week);
    or
  • have an immediate family member (parent, child, sibling, aunt, uncle, first cousin, or grandparent) permanently residing in Tasmania.
and

sufficient funds.

Processing Time: 20 working days

Sponsorship Fee: Nill
TASNomination Criteria:
  • Available to Tasmanian international graduates who studied for a minimum of one academic year (46 weeks);
    or
  • have formal job offer for a job that is based in Tasmania in any fields (for a minimum of 35 hours per week);
    or
  • have an immediate family member (parent, child, sibling, aunt, uncle, first cousin, or grandparent) permanently residing in Tasmania;
    or
  • Available to small business owners with past business experience and management expertise who have a business plan
and

sufficient funds.

Processing Time: 20 working days

Sponsorship Fee: Nill

Eligible Postcodes: Entire territory (including Hobart, Launceston, Devonpor, Burnie, Kingston, Ulverstone, Wynyard, George Town and Sorell)

489 Relative Sponsorship
StateDesignated Areas
NTAnywhere
SAAnywhere
VICAnywhere
WAAnywhere
NSWPost areas 2311-2312, 2328-2333, 2336-2490, 2535-2551, 2575-2739, 2787-2898 (anywhere except Sydney, Newcastle and Wollongong)
QLDPostcode areas 4019-4028, 4037-4050, 4079-4100, 4114, 4118, 4124-4150, 4158-4168, 4180-4899 (anywhere except Brisbane metropolitan area)
ACTAnywhere
TASAnywhere

Source: DIBP, migration.tas.gov.au, business.nsw.gov.au, migration.qld.gov.au, migration.sa.gov.au, australiasnorthernterritory.com.au, liveinvictoria.vic.gov.au, migration.wa.gov.au,

Economist job description, duties and education requirements

UNIT GROUP 2243 ECONOMISTS

    ECONOMISTS perform economic research and analysis, develop and apply theories about production and distribution of goods and services and people's spending and financial behaviour, and provide advice to governments and organisations on economic policy issues.

    Statisticians are excluded from this unit group. Statisticians are included in Unit Group 2241 Actuaries, Mathematicians and Statisticians.


    Indicative Skill Level:

    In Australia and New Zealand:

      Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification (ANZSCO Skill Level 1).


    Tasks Include:
    • analysing interrelationships between economic variables and studying the effects of government fiscal and monetary policies, expenditure, taxation and other budgetary policies on the economy and the community
    • researching, analysing and assessing the effects of labour market programs and industry policies and programs on economic growth, welfare, education and training
    • investigating international and national economic situations, and particular features such as industries, regions and socioeconomic groups
    • studying workplace issues such as enterprise bargaining and wage fixation, and the effect of workplace policies on productivity and economic growth
    • analysing trends and advising on economic issues such as taxation levels, prices, employment and unemployment, imports and exports, and interest and exchange rates
    • forecasting changes in the economic environment for short-term budgeting, long-term planning and investment evaluation
    • formulating recommendations, policies and plans for the economy, corporate strategies and investment, and undertaking feasibility studies for projects
    • preparing reports on research findings

    Occupations:

    Sources: www.abs.gov.au and DIBP

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    2/7/2015: Significant Changes in State Nominated Occupation List - South Australia

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