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50 highest paid jobs in Australia

The highest paid job in Australia has a total income of over $600,000.

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If you're looking to see how your salary compares to others, the ATO has released its figures for the highest paid jobs in Australia. We've compiled a list of the top median incomes in the country for both men and women. Here's who came out on top.

1Neurosurgeons - With a median total income of $437,731 neurosurgeons are the highest paid earners in Australia. Keep in mind that this is only the median income - the average total income was $600,387 - which means that 50% earn more than this.
2Judge - A judge can earn up to $600,387 a year, with an average annual median income of $437,731. Of the top 10 paid jobs, this is the only one that is outside of the medical profession.
3Cardiologist - Another very highly paid medical profession, cardiologists got paid a median income of $408,599.
4Urologist - Urologist treat general diseases of the urinary tract and had a median income of $395,431
5Gastroenterologist - Doctors specialising in the stomach and intestines had a median income of $392,456.
6Vascular surgeon - $388,670 was the median total income for vascular surgeons in Australia.
7Anaesthetist - Anaesthetists are among the best paid jobs in Australia; the latest figures suggest men and women working as anaesthetists earn a median income of 385,242.
8Ophthalmologist - Eye specialists made around $364,021 a year last year.
9Orthopaedic specialist - If you specialise in the treatment of bones, joints, ligaments, tendons and muscles, you can earn a median income of 357,703.
10Plastic and reconstructive surgeon - On average one of the highest paid surgeon jobs in Australia with an average median salary of $354,118.
11Diagnostic and interventional radiologist - $351,455
12Thoracic medicine specialist - $341,670
13Otorhinolaryngologist - $329,607
14Medical oncologist - $311,755
15Magistrate - $311,492
16Renal medicine specialist - $297,133
17Cardiothoracic surgeon - $290,446
18Gynaecologist - $284,950
19Surgeon (general) - $277,706
20Specialist physician - $271,047
21Neurologist - $264,568
22Intensive care specialist - $259,498
23Emergency medicine specialist - $256,887
24Clinical haematologist - $255,974
25Member of parliament - $254,672
26Specialist physician (general medicine) - $253,089
27Rheumatologist - $238,701
28Paediatric surgeon - $238,033
29Dermatologist - $220,390
30Endocrinologist - $214,813
31Psychiatrist - $213,683
32Paediatrician - $201,639
33Financial investment manager - $180,155
34Radiation oncologist - $178,409
35Executive - $171,081
36Dredge operator - $167,118
37Broker (stocks) - $165,576
38Broker (futures trader) - $162,32
39Engineer (petroleum) - $160,117
40Defence force personnel - $158,545
41Manager (mining production) - $157,250
42Engineer (mining) - $154,549
43Mine deputy - $153,203
44Air traffic controller - $152,061
45Actuary - $150,291
46Securities and finance dealer - $148,297
47Medical practitioner (general practice) - $146,691
48Registrar (legal) - $145,810
49Turner (porcelain) - $145,472
50Dental specialist - $142,694

Key takeaways from the data

Aside from the figures themselves, here are some of the key takeaways from the stats on the highest paid jobs in Australia.

  • Medical professionals dominate the list, making up 9 of the top 10 highest paid jobs.
  • Other high paying jobs included being a judge, psychiatrist, financial investment manager, broker and air traffic controller.
  • MPs are among the top earners in the country, with a total income of $252,631.
  • For men, the highest paid job is a neurosurgeon on $665,390, while for women it is a judge on $393,001.
  • Even among top earning jobs, the gender pay gap is still a huge issue in Australia. Men dominate all the top industries.
  • Anaesthetists were among the largest group of highest earners, with 3,334 earning a median wage of $385,242.

Protecting your income

Only 33% of Australians have income protection insurance, meaning not nearly enough people are protecting their biggest asset - their salary. If you're among the top earners, or simply want to ensure you have a backup if something goes wrong, you can compare income insurance providers and policies here. It can cover you for up to 85% of your income if you're sick, injured or in some cases, if you're made redundant.

Picture: GettyImages

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