Hello all, I am currently a resident in family medicine/GP in Canada, and starting to think about moving to Aus after my residency. Reason: the weather!😉 I know a bit about the lifestyle in Aus, but still not sure what the earning looks like as a GP in Aus. People say 200k an average and some say 350k-400k.
For reference, a fam doctor in Canada can easily make 600K+ a year even at starting the practice just after residency. We have a lot of different and lucrative pay models, e.g., FFS, walk-in clinics, FFS and much more. Depending on your suitability, you can pick and choose your payment model. Now, this 600K+ is when you work 45-50 hours a week, seeing 35-40 patients a day in your office, and taking 4 weeks off. I personally know a few fam docs who make 800K-900K working a mix of ER, hospital inpatients and office. But naturally they work real hard, 50 hours a week at least and 50 patients a day in the office, plus the ER and hospital in-patients.
Now, I'm not expecting that a GP in Aus would be able to make 800k (although not sure if they can). I understand that mixed and private billing differs in how much you can make. Also, a GP would struggle to make 600k in their initial years. Once they build up a decent patient base then it'd be possible to make more. but please give me some insight as to what your work would look like to make 600k+ in Aus as a GP.
Also, please factor in the most recent changes in Medicare billing schedules and payments for GPs.
found here
www.racgp.org.au
Thanks.
For reference, a fam doctor in Canada can easily make 600K+ a year even at starting the practice just after residency. We have a lot of different and lucrative pay models, e.g., FFS, walk-in clinics, FFS and much more. Depending on your suitability, you can pick and choose your payment model. Now, this 600K+ is when you work 45-50 hours a week, seeing 35-40 patients a day in your office, and taking 4 weeks off. I personally know a few fam docs who make 800K-900K working a mix of ER, hospital inpatients and office. But naturally they work real hard, 50 hours a week at least and 50 patients a day in the office, plus the ER and hospital in-patients.
Now, I'm not expecting that a GP in Aus would be able to make 800k (although not sure if they can). I understand that mixed and private billing differs in how much you can make. Also, a GP would struggle to make 600k in their initial years. Once they build up a decent patient base then it'd be possible to make more. but please give me some insight as to what your work would look like to make 600k+ in Aus as a GP.
Also, please factor in the most recent changes in Medicare billing schedules and payments for GPs.
found here
RACGP - 1 November 2023 MBS changes
An overview of MBS changes from 1 November 2023

Thanks.