ANZSCO 612111

Business Brokers

Overview

EMPLOYED

580

PART-TIME SHARE

36%

FEMALE SHARE

17%

MEDIAN WEEKLY EARNINGS

N/A

MEDIAN AGE

55

ANNUAL EMPLOYMENT GROWTH

N/A

About this data

Summary

Business Brokers operate as independent agents in the buying and selling of businesses.

Tasks

  • Accepts and lists businesses for sale and analyses their performance and market value
  • Provides advice to buyers on the merits of businesses and the terms of sale
  • Advises vendors of sales and marketing options such as sale by auction
  • Catalogues and details businesses for sale and arranges advertising
  • Assesses buyers' needs and locates businesses for their consideration
  • Offers valuations and advice for buying and selling businesses and structures the terms of settlement
  • Monitors and addresses non-compliance with terms and conditions of the sale
  • May arrange finance, land brokerage, conveyancing and maintenance of business premises

ANZSCO Classification

Details

On this page

    Hours worked

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Note: those who were classified as "Employed, away from work" at the time of the 2021 Census (accounting for approx. 8% of total employment), have been excluded from the "Average full-time hours worked per week" denominator.
    Hours worked Business Brokers All Occupations
    Share of workers who work full-time hours 64% 64%
    Average full-time hours worked per week 42 hours 44 hours

    Industries

    Business Brokers work in industries like:

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Note: industries that comprise less than 5% of an occupation have been suppressed.

    States and territories

    New South Wales

    26.4%

    Victoria

    30.5%

    Queensland

    25.3%

    South Australia

    5.8%

    Tasmania

    0.5%

    Northern Territory

    0.9%

    Australian Capital Territory

    1.5%

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.

    Age and gender

    Age and Gender Profile
    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Age and Gender Business Brokers All Occupations
    Median age 55 years 40 years
    Female share of employment 17% 49%
    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Age Profile (% Share) All Occupations Business Brokers
    15–19 5.2 0.0
    20–24 9.1 2.1
    25–34 22.7 6.3
    35–44 22.3 16.3
    45–54 20.4 22.1
    55–59 8.8 15.2
    60–64 6.5 13.9
    65 and Over 4.9 23.1

    Education

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence. Highest qualification completed by workers in this job (in any field of study).
    Qualifications needed by new workers might be different from the qualifications of workers already in the job.
    Note: the sum of the educational attainment categories may not add up to 100% due to the exclusion of non-descriptive categories such as not stated responses.
    Highest Level of Educational Attainment (% Share) All Occupations Business Brokers
    Post Graduate/Graduate Diploma or Graduate Certificate 12.2 15.4
    Bachelor degree 23.2 28.3
    Advanced Diploma/Diploma 11.1 18.3
    Certificate III/IV 19.5 14.2
    Year 12 15.9 11.0
    Year 11 4.0 2.2
    Year 10 and below 9.7 3.8
    On this page

      Occupation profiles data

      This file contains data displayed on the Occupation Profile pages.

      Use of data in this file must include the relevant attribution text provided.

      Occupation profiles data - August 2024.xlsx

      occupation_profiles_data_-_august_2024.xlsx9088333

      Download

      Australian and New Zealand Standard Classification of Occupations

      Australian and New Zealand Standard Classification of Occupations (ANZSCO) is the skill-based classification system used to categorise occupations in the Australian and New Zealand labour markets. ANZSCO provides a basis for the standardised collection, analysis and dissemination of occupation data. Visit the ABS website to learn how ANZSCO works. Jobs and Skills Australia displays data for occupations that are defined by ANZSCO 2013 Version 1.3.