knowing a GP and having them confide what they earn to me, I think it would be quite difficutl to get their income down this low - they must really dilly dally or be in a tiny country town with no patients? or they are on a terrible income split?
Australia's 10 best paid jobs
- Thread starter TingTong
- Start date
knowing a GP and having them confide what they earn to me, I think it would be quite difficutl to get their income down this low - they must really dilly dally or be in a tiny country town with no patients? or they are on a terrible income split?
Yep, not unusual at all. Particularly those who do not own the practice. Just employees, getting what they get.
Which is not 300k. It's less than a third of that.
Oh - as for government workers, an EPO2 level town planner working for the NSW government currently has a beginning salary of 110kPA. I know of 26 year olds being employed in this role. That is 2 above entry level (1, then 1A). That is above what private sector wages are. And it is in line with what they also pay solicitors, who do much fewer hours for equivalent pay than their private sector colleagues, particularly at the entry to mid level range.
I'm a GP, that seems quite unusual to me for that amount of hours, but might happen in a few circumstances of the GPs own doing.
Aren't their consultations in 5 min blocks?
dunno, I like to avoid the doctors... I was just casting my mind back to my last visit. it was a fill in GP, spent about 10 minutes stuffing around refilling his paper tray in the printer and then charged me an extra long consult for repeating a script!
Yes as a registrar, but there are a few other situations where it could happen (in private practice or otherwise), but not usual as I said, and not worth discussing on this thread.
But at the end of the day I feel that these recurring discussions on salary are pointless.
We are all different, and whilst having a higher income certainly helps, there are so many other factors that you can tweak and play to your advantage to move forwards in investing.
Better to focus on this than comparing salaries!
A bit like two overweight people trying to lose weight and asking each other how much they weigh... not that important as long as they each lose the weight and get to a healthier weight range for themselves (and in whatever way that suits them)!
And just btw, if you are comparing nurse salaries in hospitals vs other fields, you need to adjust for the salary-packaging advantages of working in hospitals (ie. some private expenses being tax-deductible), which can take your equivalent pay from $80k to $98k ("grossed-up) or so, or more if working at different hospitals.
I'm grateful that people still take up Nursing. It's not for me. They earn every bit of it and I support them blindly.
It's another government agency where if the staff treated their role as a job, the productivity and service of the agency would rapidly grind to a halt. It is the staff that keep those hospitals going. Not the Government paying them. As a whole, they go above and beyond.
It's another government agency where if the staff treated their role as a job, the productivity and service of the agency would rapidly grind to a halt. It is the staff that keep those hospitals going. Not the Government paying them. As a whole, they go above and beyond.
Item 23 on Medicare is 10 minutes.
This is probably irrelevant but worth noting..
http://www.theage.com.au/business/the-most-trusted--and-the-least-20130502-2iusc.html
http://www.theage.com.au/business/the-most-trusted--and-the-least-20130502-2iusc.html
I agree Oscar.
The quoted taxable incomes for surgeons of 350k is far too low. Something in seven figures, net of expenses but pre-tax would be far more realistic. The following article from the sydney morning herald offers a much realistic / insider's glimpse of earnings of specialists.
http://news.smh.com.au/breaking-news-national/eye-specialists-earn-28000-a-day-20091118-ikya.html
So in the article quoted by the OP, which are supposedly official tax office data, either, there is under-reporting of income or very clever accountants doing tax minimisation.
I was interested to note this article in yesterday's paper that many Aussie multi-millionaires pay very little tax.
http://www.smh.com.au/opinion/political-news/the-70-mega-rich-who-dont-pay-tax-20130506-2j3ng.html
I agree with this.
My sister whom outclassed me in TER score and had a successful UMAT, went through 3 years of study + 1 year intern and manages to pull an average wage of 70k pa - working the standard 5 days a week.
A majority of pharmacists that I know will need to work either saturday/sunday/public holidays in order to bring their incomes to a decent level.
