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