We all know money isn’t everything when choosing a career path, but it is a factor that most people consider at some point.

The Australian Tax Office (ATO) has released its most recent set of income statistics that reveal the country’s top earners according to their average taxable income. The rankings are based on 13.9 million individuals who submitted their tax returns for the 2016–17 income year.

Somewhat unsurprisingly, the top three occupations come from the medical industry, while finance and engineering also feature prominently.

So, which jobs in Australia pay the most?

Of the 1,100 occupations listed by the ATO, the following top 10 have the highest average taxable income:

Rank	Profession	Individuals in profession	Average taxable income
1	Surgeons	4,000	$394,866
2	Anaesthetists	3,000	$367,343
3	Internal medicine specialists	8,500	$299,378
4	Financial dealers	4,500	$261,008
5	Psychiatrists	2,800	$216,075
6	Other medical practitioners	28,000	$204,387
7	Judical and other professionals	3,500	$195,703
8	Mining Engineers	8,000	$167,345
9	CEO and managing directors	174,000	$157,643
10	Engineering managers	25,000	$147,451

To find out more about Australians’ income characteristics, such as the country’s highest-earning postcodes, head to the ATO’s Taxation statistics web page.

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19-09-2019 | carmen @ ACS | Share

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