The Australian Tax Office (ATO) has released their 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.
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|
|3||Internal medicine specialists||8,500||$299,378|
|6||Other medical practitioners||28,000||$204,387|
|7||Judical and other professionals||3,500||$195,703|
|9||CEO and managing directors||174,000||$157,643|
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.