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The Australian Tax Office has released its latest data revealing the top 10 highest-paying jobs in the country based on taxable income. These professions span various industries, ranging from finance to healthcare, showcasing the diversity of lucrative career paths available in Australia.
Surgeon ($457,281)
Surgeons hold the top spot with an annual income of $457,281. There are 4,157 surgeons in Australia. Surgeons perform various surgeries, requiring extensive training after completing a four-year medical degree.
Anesthetist ($426,894)
Anesthetists come in second place, earning an impressive $426,894 per year. With only 3,379 professionals in the country, this occupation demands significant skill and experience. Anesthetists administer anesthesia to patients during surgical procedures.
Financial Dealer ($341,798)
Financial dealers secure the third position, making $341,798 annually. There are 4,761 financial dealers in Australia. These professionals provide advice on financial markets and products, as well as engage in buying, selling, and trading stocks on behalf of clients.
Internal Medicine Specialist ($334,267)
Internal Medicine Specialists rank fourth, earning $334,267 per year. Australia has 10,055 professionals in this field. They specialize in diagnosing and treating internal disorders and diseases using specialized diagnostic techniques.
Psychiatrist ($270,412)
Psychiatrists claim the fifth spot, with a taxable income of $270,412 per year. The country has a relatively small number of psychiatrists, with just 3,071 professionals. Psychiatrists diagnose mental health disorders and have the authority to prescribe medication.
General/Other Medical Practitioners ($251,722)
General and other medical practitioners are sixth, making $251,722 in taxable income annually. Australia is home to 28,947 professionals in this category, including general practitioners, radiologists, and pathologists.
Mining Engineer ($196,178)
Mining engineers rank seventh on the list, earning approximately $196,178 per year. With 9,127 professionals in the country, this occupation plays a crucial role in Australia’s mining industry.
Judge or Legal Professional ($193,388)
Judges and legal professionals secure the eighth spot, with a taxable income of $193,388 annually. Australia has just over 4,000 professionals in this field, encompassing various legal roles such as judges, defense attorneys, solicitors, corporate lawyers, and tax lawyers.
CEO or Managing Director ($177,508)
Chief Executive Officers (CEOs) and Managing Directors claim the ninth position, earning a taxable income of $177,508 per year. With a massive workforce of 224,015 individuals, this occupation dominates the list in terms of employment numbers. CEOs hold the highest rank within a company and oversee its profitability and overall operations.
Financial Investment Advisor ($169,608)
Financial investment advisors hold the tenth spot, with an annual taxable income of $169,608. Australia has 20,268 professionals in this field. These advisors assist clients in creating long-term investment strategies, building wealth, and managing financial risks.
As Australia continues to thrive economically, these professions provide lucrative career paths and play a vital role in shaping the nation’s future.
Ben Smith
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