GPs in Australia earn a great income and in the majority of cases GPs relocating to Australia will earn more than they did before.
Rather than being paid a fixed salary, GPs will earn a percentage of billings. The income you receive will very much depend on the number of patients you see but also upon the complexity of the consultations.
Factors which will affect your annual salary
- The percentage of billings you receive
- The number of hours you work
- The number of patients you see
- How many weeks annual leave you take
- The type of patient you are treating ie what item code you use
General practices in Australia operate as private businesses and are known as either mixed billing or bulk billing.
This is where the practice bills Medicare for the full payment of the patient consultation. The patient presents a Medicare card and is not required to pay towards the consultation.
Medicare is a public health insurance scheme funded by the Australian Government, which provides all Australians, and those with eligible Medicare cards, with access to free or subsidised healthcare.
This is where the practice accepts bulk billing consultations as above but will also charge patients for consultations. Usually, patients who are under 16, over 65 and hold health cards are bulk billed and everyone else is private billed. The standard consultation fee for the practice will remain the same. Even in a mixed billing practice, most patients will be bulk billed.
Operating as a private business, GPs are free to determine reasonable fees that are reflective of the services they provide.
As a GP you will be offered somewhere in the region of 60 – 70% of the total billings you generate for the practice. The private consultation fee for the practice will remain the same however the bulk billing fee will vary dependant on the type of consultation. A standard bulk billing consultation is currently $37AUD however any additional treatment you provide above this is charged as an add on. Minor surgery, dermatology and skin, and health assessments will substantially increase the billings you achieve.
If you are working full time and seeing 4-6 patients per hour you can expect to earn upwards of $250K AUD per year. The potential income is really high with some of our GPs easily earning between $300 – $400K AUD.
It can take 3-6 months to build up your patient base and become fully booked. It may be much quicker but practices offer you a minimum guarantee for the first 2-3 months whilst you build your patient base. This guarantee is usually $100 – $150 per hour.
GPs we’ve placed in Australia find that their income is far higher than what they earn in the UK and have much more control over what they earn.
Working in Australia, you are classed as a resident for tax purposes.
The following rates for 2017–18:
Taxable income Tax on this income
0 – $18,200 Nil
$18,201 – $37,000 19c for each $1 over $18,200
$37,001 – $87,000 $3,572 plus 32.5c for each $1 over $37,000
$87,001 – $180,000 $19,822 plus 37c for each $1 over $87,000
$180,001 and over $54,232 plus 45c for each $1 over $180,000