Medicopolitical

Gender pay gap persists for female cardiologists


Cardiologists are among the nation’s top earners, but female cardiologists earn only half as much as their male colleagues.

Latest figures from the Australian Taxation Office show in 2015-16 the average annual taxable income for a female cardiologist was $266,805 compared to $484,086 for a male cardiologist.

The figures also show there has been a significant increase in average annual incomes for both female and male cardiologists compared to the previous year before – with women  earning 20% more (up $44,073) and men earning 5% more (up $24,878).

There has also been a slight shift towards males in the gender balance of practicing cardiologists: the number of female cardiologists dropped from 151 to 135, while the number of males rose from 690 to 697.

The ATO figures show that being a doctor is still the most financially rewarding career in Australia – the top three highest-earning occupations are all medical specialties.

Surgeons claim first place, earning an average $393,467. Internal medicine specialists ranked third with an average taxable income of $291,140.

Source: Australian Taxation Office

Financial dealers came in fourth place on $263,309 with psychiatrists ranked fifth  earning an average of $211,024.

Doctors who fit the category of ‘other medical practitioners’ earned an average $199,590 making them the sixth highest earners in the country in 2015-16.

 

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