ATO data reveals the top 10 richest professions in Australia

Australia’s highest-earning jobs have been revealed with the top job remaining unchanged in over 14 years.

Surgeons are the highest paid professionals in Australia, according to new data from the Australian Taxation Office.

On Friday, the Australian Taxation Office released data from 2022-23 financial year breaking down what the wealthiest Australians do for a living.

“Since reporting started in 2010–11, surgeons have remained the highest paid occupation with the 4,247 individuals reporting an average taxable income of $472,475 in 2022–23,” the report read.

Anaesthetist and financial dealer were in second and third place with $447,193 and $355,233 respectively.

This was followed by internal medicine specialist in fourth with $342,457 and psychiatrist with $288,146.

Medical professionals dominated the list making up half of the top 10.

Here are the top 10 highest paid jobs in Australia:

1. Surgeon – $472,475

2. Anaesthetist – $447,193

3. Financial dealer – $355,233

4. Internal medicine specialist – $342,457

5. Psychiatrist – $288,146.

6. Other medical practitioners – $259,802

7. Mining engineer – $206,408

8. Judicial or other legal professionals – $206,408

9. CEO or managing director – $194,987

10. Financial investment adviser – $191,986

The ATO has also revealed Australia’s richest postcodes.

Sydney’s ritzy eastern suburbs dominate the list. Picture: NewsWire / Damian Shaw

NSW dominates the list, with seven from the top ten located in the state.

The postcode ‘2027’ takes out the number one spot with the areas of Point Piper, Darling Point, Edgecliff and HMAS Rushcutters in Sydney’s east.

The postcode boasted an average taxable income of $279,712 among 5,841 inhabitants.

This was followed by Double Bay (postcode 2028) and Woollahra (postcode 2025) in second and third place with $255,901 and $242,267 respectively, both in Sydney’s eastern suburbs.

The only two Victorian postcodes to make the list were the Hawksburn/ Toorak area in fourth with $241,511 and Portsea in seventh with $222,254.

Top 10 wealthiest postcodes in Australia:

1. ‘2027’ NSW: Darling Point, Edgecliff, HMAS Rushcutters, Point Piper – $279,712

2. ‘2028’ NSW: Double Bay – $255,901

3. ‘2025’ NSW: Woollahra – $242,267

4. ‘3142’ Vic: Hawksburn, Toorak – $241,511

5. ‘2030’ NSW: Dover Heights, Rose Bay North, Vaucluse, Watsons Bay – $236,750

6. ‘2108’ NSW: Coasters Retreat, Palm Beach, Currawong Beach – $233,344

7. ‘3844’ Vic: Portsea – $222,254

8. ‘2023’ NSW: Bellevue Hill – $216,383

9. ‘6011’ WA: Cottesloe, Peppermint Grove – $213,621

10. ‘2110’ NSW: Hunters Hills, Woolwich – $208,902

Originally published as ATO data reveals the top 10 richest professions in Australia