The capital of Australia's sparsely populated Northern Territory, Darwin is Australia's smallest city, with a population of around 142,000 people. With such a dearth of people, one might assume that jobs for accounting graduates in the city are few and far between, but Darwin's proximity to south-east Asia means that opportunities are available.
While public administration, mining and tourism are by far the biggest economic contributors in this part of the world, accountants are in demand too. Professional services firm BDO is one of the largest employers in the Northern Territory; you can find out more about their graduate scheme here. Accounting graduates can also find a role with one of the 'Big Four' auditing firms, or work towards becoming a chartered accountant with a smaller local firm. CAANZ (Chartered Accountants Australia and New Zealand) regularly hire through graduate and internship programs, but bear in mind this will involve an extra few years of study.
A degree in accounting opens up a number of avenues and successful graduates could find themselves working as bookkeepers, auditors, payroll managers or finance officers. Every business needs financial advice and graduates may wish to work in the financial offices of one of Darwin's larger employers.
Due to the likelihood of graduates moving to one of Australia's bigger cities after university, the average salary of accountants in Darwin is very high; at around AU$84,000. The amount you can expect to earn per year with experience is 21% above the national average. The wage for a junior accountant will be slightly lower, but again the average (AU$58,602 per year) is higher than you would expect to find elsewhere.
On average, Darwin is 6% cheaper than Sydney and around the same as Melbourne. Rent and consumer products tend to be lower than in the bigger cities, but the cost of food is higher.
Corporate Finance Manager at Jardine Matheson in Hong Kong at Chartered Accountants Australia and New Zealand
Senior Associate at EY at EY Australia
Bachelor of Science at University of Western Australia (UWA)
Graduate officer, Australian Taxation Office at Australian Taxation Office (ATO)
Risk Consultant at KPMG at KPMG AU -changed
Bachelor of Arts/Bachelor of Economics at Monash University
Salesforce Consultant at Deloitte at Deloitte AU
Bachelor of Information Systems at University of New South Wales (UNSW)