Revealed: Victoria’s highest earners and where they live
The Melbourne suburbs boasting the highest average salaries - and the jobs where women earn more than men - have been revealed. And there are some surprises.
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Women in just six per cent of jobs have a higher income than men, new Australian Taxation Office statistics reveal.
Figures from the 2016-17 financial year found that of 1100 jobs women have an average income that is more than men in just 72 professions.
This includes authors, future traders, magistrates, professional surfers and illustrators.
It appears workers are seeing their pay packets go backwards — the average taxable income nationally in 2016-17 was $59,014.
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In 2015-16 it was $59,215.
The data was collated from more than 16.5 million tax returns filed during the 2016-17 financial year from 13.9 million people, 970,000 from companies as well as super funds, partnerships and trusts.
The medical industry continues to dominate with the highest salaries — surgeons earned on average $394,000 annually, followed by anaesthetists at $367,000 and internal medicine specialists at $299,000.
ATO deputy commissioner of policy, analysis and legislation Louise Clarke said despite men coming out the biggest income earners in many categories women still got paid well in many professions.
“There will still be women that are high income earners in other categories,” she said.
But Ms Clarke added: “There’s still a large percentage of women in occupations such as teachers, nurses and childcare workers who seem to have a lower average taxable income.”
The results found out of the taxable income generated in 2016-17, 51.2 per cent came from individuals’ tax returns.
As for the highest income earning postcodes in Victoria, unsurprisingly the affluent 3142 location which includes Toorak and Hawthorn came out on top.
The average taxable income was $193,904.
This was followed by Portsea (3944) at $156,079, Albert Park and Middle Park (3206) at $130,443.
The results also showed Australians have become more generous at donating — total donations increased from $2.8 billion in the 2015-16 financial year, to $3.5 billion in the 2016-17 financial year.
In 2016-17 of those who did donate the average donation was $770.
Five occupations where females earn more than males
Women Men
Author $85,006 $68,342
Futures trader $315,197 $303,466
Magistrate $262,152 $255,177
Pro surfer $76,614 $48,367
Illustrator $62,245 $58,304
Source: ATO
Ten highest-earning postcodes in Victoria
1. 3142, Toorak, Hawthorn, $193,904
2. 3944, Portsea, $156,079
3. 3206, Albert Park, Middle Park, $130,443
4. 3002, East Melbourne, $130,048
5. 3186, Brighton, Brighton North, Dendy, $129,289
6. 3126, Camberwell East, Canterbury, $123,239
7. 3144, Kooyong, Malvern, Malvern North, $119,334
8. 3143, Armadale, Armadale North, $113,641
9. 3191, Sandringham, $108,485
10. 3101, Kew, Cotham, $103,980
Source: ATO