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  1. Eligibility To Work
  2. Before You Leave Home
  3. Setting Up A Bank Account
  4. Australian Tax Office Requirements
  5. Contract or Permanent
  6. Commerce v Banking
  7. Cost Of Living
  8. Useful Information

Commerce vs Banking

Destination: Australia

Buildings

Commerce

The commerce sector is extremely diverse and offers a broad choice of company types, sizes and roles. Australia has most major industries covered, including a strong mining industry. Working in the public sector is generally limited to the Canberra, where government is situated.

Choosing one industry in the commerce sector over another really comes down to personal interest. Once you’ve determined the industry in which you want to work, you need to consider the factors which shape a company’s working environment. Understanding the following details should help you make an informed choice:

  • The size of the company or department.

  • Whether it offers a steep or flat hierarchy.

  • If there is a clear career path.

  • How entrepreneurial the company is (- typically the smaller the environment the greater the opportunity to change things).

  • Opportunities for travel.

Banking

Banks and financial services institutions are crucial to the growth of the Australian economy. Within the Asia-Pacific region Australia continues to develop and play a significant role international banking and the cities of Sydney and Melbourne are where the main trading banks are located.

Working in the banking sector is challenging and constantly evolving; every day new financial products, ways of protecting against risk and technology are created. Companies in the banking sector – banks and financial services institutions – look to employ top quality candidates and offer competitive salaries, including the possibility of bonuses.