What types of doctors are paid the most in Australia?
The highest-paid specialty in Australia is surgery, with an average income of around $400,000. Specialty surgeons (like neurosurgeons and ophthalmologists can earn over $500,000). Surgery is followed by anaesthetics and internal medicine (which are all in the over $300,000 bracket).
Anesthesiologists earn the highest salary of all jobs in the medical field. Nurse anesthetists earn the most out of all nurses. High-paying positions usually require a medical doctor degree and a residency.
Surgical specialities tend to yield the highest pay, while pediatricians typically take home the least, according to a recent report from Doximity. The networking service for medical professionals has released its 2023 Physician Compensation Report, tracking trends in physician pay nationwide.
Which medical field is the easiest? Phlebotomy is the easiest medical field to get into and to practice. Part of your training can come online, and with an accelerated program, you can be ready for your state licensure exam in under a year. Phlebotomists draw blood and transport it for lab testing.
How much does a Doctor make in Australia? The average doctor salary in Australia is $156,000 per year or $80 per hour. Entry-level positions start at $122,508 per year, while most experienced workers make up to $255,938 per year.
Your salary is based on the number of years of postgraduate experience. The average registered nurse salary in Australia is around $79,550 per year (about $41,00 per hour. Entry-level positions start at $76,063 per year up to $97,568 per year.
The average teacher salary in Australia is $84,357 per year or $43.26 per hour. Entry-level positions start at $74,301 per year, while most experienced workers make up to $119,545 per year.
Of note, allergy and immunology physicians also spend the least amount of time on paperwork and administrative tasks out of any specialty on our list at just 14.6 hours per week. For perspective, this is a similar amount of time to dermatology which is known for being one of the best lifestyle specialties.
How much do Australian doctors earn? It sounds like a simple enough question but the answer is very open ended. The average wage of doctors in Australia sits somewhere between $100,000-$400,000 (we wrote more about this here). That's an incredibly wide range, so let's try to break it down further.
Australians wanting to be in the country's top 1% for wealth need to have an individual net worth of US$5.5 million ($8.3 million), Knight Frank's 2023 Wealth Report has found.
How much income tax do I pay if I make $100,000? If your taxable income is $100,000 a year as an Australian resident for tax purposes, your income tax will be $22,767. Your average tax rate is 22.77% and your marginal tax rate is 32.5%.
