Most will likely select “Other Medical Practitioner”. However, its not clear what occupations trainee doctors select.
Presumably most surgeons select surgeon for an occupation and anaesthetists select anaesthetics etcetera. Both of which earned about $140,000 AUD per annum in 2016/17. The other possible occupations for doctors to choose under the ATO categories are: General Medical Practitioner and Doctor specialist – type not identified. You have probably already spotted one potential problem with these figures, which is that they rely on the person completing the tax return to select the appropriate occupation. This is even more impressive when one considers that the ATO lists around 1,100 occupations to select from when one compiles their tax return. Psychiatrists are in fifth with $216,075 and ‘Other Medical Practitioners’ in sixth with $204,387. What is impressive is that 5 of the ten top occupations by earnings come from the medical profession, with Surgeons leading with an average taxable income of $394,866, followed by Anaesthetists in second with $367,343 and Internal Medicine Specialists in third with $299,378. Surgeons, Anaesthetists, Physicians, Psychiatrists and ‘Other Medical Practitioners’ Amongst the Top Ten Earners in Australia. Let’s dive into the earnings in a bit more detail and also look at some of the cost factors for doctors. And a number of doctors also earn even more than $395,000. Of course not every doctor will earn $395,000 per annum and there are many factors that affect the earnings of a doctor. Then a good guide as to how much one can earn as a doctor in Australia is somewhere between $68,000 AUD and $395,000 AUD per annum. I f we take our entry point as internship and our peak point an Australian surgeon. A recent report from the Australian Tax Office has confirmed that doctors in Australia are amongst the best paid in the country. Of particular interest to many is how much a doctor earns when they have completed all their training and achieves the status of a Surgeon or a Physician or a General Practitioner or one of the many other specialties in Australia.
We have recently written about how much an Intern is paid and how much a Resident is paid. Not surprisingly, one of the more popular topics on this blog is the subject of income or salary of Australian doctors.
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