Lawyer or doctor? If you have lofty aspirations for your kids, both are among the highest earning careers they can pursue.
And while either will deliver a healthy income, surgeons top the earnings list, making an average of $472,475 a year in taxable income, according to new Australian Taxation Office data from 2022-23 (the most recent available).
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Michelle Bowes writes about personal finance from our Sydney newsroom. She has been a business journalist for 25 years and is the author of Money Queens: Rule your Money, an award-winning personal finance book for teenage girls. Email Michelle at michelle.bowes@afr.com