Australia's Highest-Paying Jobs Unveiled by ATO
The Australian Taxation Office (ATO) has recently disclosed the list of the highest-paying jobs in Australia, with the top position earning an astonishing $472,475 per year on average. This insight is derived from the tax return data of millions of Australians, offering a glimpse into the lucrative earnings of certain professions.
Medical Professionals Dominate the List
- Surgeons lead the pack with an average annual income of $472,475, a figure that's more than six times the average taxable income of $74,240.
- Anaesthetists follow closely, earning $447,193 annually, with only 3,658 professionals in this field across the country.
Financial Sector Shines
- Financial dealers, including stockbrokers, secure the third spot with average earnings of $355,233 per year.
- Chief executive officers and managing directors represent the highest-paying job with the most individuals (231,103 people), averaging $194,987 annually.
Top 10 Highest-Paid Jobs in Australia (2022-23)
- Surgeon - $472,475 (↑ $12,119)
- Anaesthetists - $447,193 (↑ $16,000)
- Financial dealer - $355,233 (↓ $18,500)
- Internal medicine specialist - $342,457 (↑ $1,728)
- Psychiatrist - $286,146 (↑ $9,601)
- Other medical practitioners - $259,802 (↑ $4,048)
- Mining engineer - $206,423 (↓ $7,942)
- Judicial or other legal professional - $206,408 (↑ $1,474)
- Chief executive officer or managing director - $194,987 (↓ $2,733)
- Financial investment advisor or manager - $191,986 (↑ $6,152)
Average and Median Incomes
- The average Australian income rose to $74,240 from $72,327.
- The median income increased to $55,868 from $53,041.
This data, based on the 2022-23 financial year tax returns, highlights the significant earnings potential in these top professions, with medical and financial roles leading the way.
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