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. Indeed reports the average wage for a general practitioner in Australia is $224,507 or $147 per hour.
Doctors are valued and highly trained: they are deserving of an income that reflects this. And arguably, as a country's health and wealth rises, so should doctors' pay. But Australian doctors are paid at thousands of dollars more than would be predicted on the basis of the national Gross Domestic Product (GDP).
How much does a Gp make in Australia? The average gp salary in Australia is $175,263 per year or $89.88 per hour. Entry-level positions start at $91,185 per year, while most experienced workers make up to $296,400 per year.
How to become a General Practitioner in Australia. Becoming a GP is quite a long and involved process. You will need to complete an accredited university-level qualification, before completing an internship and further specialist training.
Surprisingly, Luxembourg is considered the most lucrative country for doctors around the world. Luxembourg is a small country in Western Europe, its population is around 632000. Luxembourg is among the top 10 countries that offer high quality of life around the world.
Doctor salaries
On average, pay is higher in Australia than New Zealand (and the cost of living is higher in New Zealand), but most doctors find the pay in both countries suitable. Compared to New Zealand, Australia's healthcare system operates more like a private healthcare system.
Doctors in Australia tend to work fewer hours than those in the UK – usually around 35-38 hours per week instead of sometimes 50 or more hours weekly. They also see fewer patients. The average appointment time in Australia is six minutes longer than in the UK.
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.
Neurosurgeons are the highest paid physician specialists, earning an average of $788,313 annually, according to Doximity's "2023 Physician Compensation Report."
Being a doctor in Australia is a respected profession. You are an important part of the community. You are able to earn a high salary and enjoy excellent job conditions. You and your family may have access to comprehensive public and private health care and world-class education.
More than half of the 22,000 doctors surveyed described their workload as heavy or very heavy, with two-thirds reporting they work more than 40 hours on average per week, including one in 10 who work more than 60 hours on average per week.
Increased medical school places and continued migration of doctors to Australia means that there is no longer an overall shortage of doctors. Instead there is imbalance, with geographic maldistribution, and undersupply and oversupply in particular specialties.
One major benefit is that dentists can earn a high salary. According to the Australian Bureau of Statistics (ABS), the average annual wage for dentists was $90,030 in 2016. This is higher than the average wage for other healthcare professionals, such as nurses and doctors.
At its simplest form the doctor hierarchy for a medical team usually comprises one or more intern doctors as the most junior doctor in the team, followed by one or more resident doctors, then registrars, and finally consultant doctors as the most senior doctor/s in charge.
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.
Switzerland. Switzerland is renowned for having a world-class healthcare system, much like Canada. And like Austria, the little but wealthy nation famous for its chocolates has produced medical professionals who have made significant contributions to the field of mental health.
Advisory giant Accenture consistently pays consultants the highest starting salary compared to the big four consulting firms, with PwC and Deloitte vying for second place at different experience levels.