I'm Australian, my parents are Geordies from the North of the UK and I spent many years living there. As much as I love England, and I do truly love it, Australia can offer you a lifestyle that you could only dream of in the UK. Prices are higher in Australia, but the pays are double if not triple. It's just so much easier to live a happy life in Australia and not feel like you're being worked to death for little pay. I ended up living in Western Australia, which in comparison to the rest of Australia, pays exceptionally well and the community feels close and friendly.
As the Americans might say about their military, thank you for your service Surina. Australia is glad to have you here and pleased to pay you well. Hope you enjoy your stay and that you continue to do valuable service to the community wherever you are.
Remember that doubling a fortnight does NOT = 1 month. You need to double then multiply by 1.083. This is because you are paid 26 times in a year Vs 12. You are actually paid for 13 months vs 12.
I gave a patient an injection the other day, they have it every 3 months so I googled "3 months from now" =21st July, my colleague corrected me "12 weeks from now"= 14th July..........Never knew this............Blessings.......
Remember monthly is slightly MORE than 2 fortnights, so the difference between your NHS and Australian base pay is even bigger. I’m a nurse in a public sector hospital in Victoria. I’m definitely happy with my pay as a specialist nurse, though it varies a lot even among different public hospitals as to whether I’d qualify for the same pay designation! I wouldn’t know that if I hadn’t worked across several employers. I do wish junior medical officers had better flexibility in their work, like your annual leave having to be taken in your final rotation as one block is just unfair! Thanks for your great videos. Love it!
As an Aussie final year med student, this was super refreshing and transparent to watch. Props to the camera, editing skills and fitting in such valuable content while being a doctor! Subbed :)
I've spent 3 years studying a REAL doctors - Rob Cywes, Ken Berry and Annette Bosworth - and I reckon I could do better job as a layman than an allopathic Big Pharma slave ANY day of the week. My GP and 'specialist' did their best to see that I didn't advance in life ...
Wow finally answered my curiosity, a decade ago met a British guy came over here to work in ER. Forever I’m mystified at why British doctors nurses come to our backwatered country to work for less pay… thinking they are here for lifestyle not for big pay. Only found out recently Australia pays way more than in the UK not just healthcare but other jobs equivalently… with better incentive… and here I’m thinking we are underpaid lol.
Yes I worked in London for 4 years and the only way I could get by was to contract on a day rate instead of salaried work. Salaries are much lower compared to Australia, in terms of finance roles the average was £35k to £40k p.a. which works out to be about A$60k to A$65k, whereas an equivalent role in Australia would be $90k to $110k. If you contract you could get between £300 to £500 a day in finance depending on the type of work. That was the only way I could make enough to cover the basics, plus nice meals and nightlife, holidays, save, and pay tax. Otherwise I probably would have only scraped by.
Australia's health service has a far larger private sector component, Australia has a low poplulation, but huge natural resourses to export, particularly to countries like China, which has significantly transformed the country. A top tier emigration state.
People (and the media) have a really bad habit of over-stating what people earn, often inflating figures or just showing the very small percentage of people at the top.
@@Justwantahover If you were earning more then 89K Aud to clean windows then you were doing it on Highrises. I would hope a blue collar working hanging off the side of a building was paid more then a doctor, last i checked a doctors job description doesn't include the risk of plummeting to their death.
Very interesting. Took me back to 1982 when I came from northern England to Australia. Those early months when I didn't realise my entitlements and worked way too many hours. I wasn't expecting much being from northern England but soon caught on. Most of all I appreciated the fairness of the system here. Hope you do too. Not a bad place to live :) Forty years later, I still like to do an annual trip 'back home' (sorry Greta) to recharge in a Wetherspoons with a proper pint and a bag of pork scratchings!
You'd be able to do that trip on long service leave. You get 6 weeks for every ten years, for exactly that reason. From what I've heard it's 2 weeks for the boat trip home 2 weeks holiday and 2 weeks for the trip back
@@niceviewoverthere4463 at Coles, Woolies, any liquor store. my fave is Poppy Porky's Good'n'Crunchy Pork Crackling. You can also buy pork rind from butchers and Woolies/Coles etc and cook your own
If you want a more accurate way to convert fortnightly pay into monthly, you should multiply your fortnightly payment by 26 and divide by 12, rather than multiplying by 2. 🙂
Slightly more accurate is to convert the fortnightly pay to daily pay then annual pay and divide by 12. If F is the fortnightly pay, then monthly pay = F / 14 * 365.25 / 12. It allows for leap years but not leap centuries. The banks that I've developed IT systems for used 365.25 in all sorts of interest calculations.
The RemServe (popularly called salary sacrificing) is not available to all employees, but I think is available to government workers and some select industries. The Q Super Fund that you mentioned at about 5% is also optional, as the government also pay in 12% to your super, which all employees get. This money is in effect yours, whether you collect it when you leave the country or when you retire. I am quite surprised at the difference in the pays.
If you do want to put additional money into super but you’re employer does not offer salary sacrifice, you can consider making a ‘tax deductible contribution’. You send post tax dollars from a bank account to your super fund, submit a notice of intent to claim, and then put this amount as a deduction on your tax return. It’s effectively the same as salary sacrifice but you can organise it yourself
The separation only gets more dramatic the more senior you get. As an anaesthetic consultant I’m earning comfortably double what I’d be receiving in the NHS and that’s without any private work
my uni friend is an anaesthetic consultant and he only works 3 days a week. He has an internal lift in his house too. In his spare time he enjoys constant home improvement in a DIY manner.
Australian health system is very different to the NHS. The NHS runs the entire hospital system in the UK. In Australia, we have an federal insurance program, that is Medicare. But hospitals are funded by the individual states, which gets its money from the GST.
11:04 Superannuation is additional to salary and there must be a minimum of 10% paid by the employer (regardless of job) into a super account that is owned by employee (think of it as an investment account you cannot withdraw from but can manage and change). It’s taxed at 15% regardless of income with three things to note. Tax is 15% for first $25k sent to super for a year. Anyone earning over $250k for a given tax year has to pay div 493 tax, which basically means they pay additional tax calculated on any contributions for the year. Any foreigner that leaves Australia permanently may withdrawn all funds, but pays their nominal tax rate (minus the original 15%) on any monies paid out. This is an over simplification of the process. But super, the growth of it and the compulsory nature of it is one of a few factors that has led to the median wealth (middle Australia) being among the highest globally (according to the Swiss bank, Credit Suisse’s annual wealth report). In this report the average Australian is among the worlds wealthiest, but this wealth is still very high when looking at the median showing that wealth is fairly distributed (whereas somewhere like the US plummets on median showing wealth is held by the upper class).
The super account is owned by the employee. In the past employers were connected to a default super company. If an employee failed to nominate their preferred superannuation account the employer paid super into the default account on behalf of the employee but this account was always owned by the employee.
Funny story - my father wrote the "Roster Payroll System" (RPS) software for a major public hospital in Victoria back in the '90s and it continued in use well into the 2000s because it was so well written. The point being, it is REALLY hard to correctly calculate hospital worker pay due to all the weird shifts and stuff that you can have.
I earn 98,000 a year as a physician here in Canada. 7,000 a month from my financial market investment. 7,000×12= 84,000. 98,000 + 84,000 Yearly income = 182,000 per year. It's fun until you begin to subtract bills.
Worked for NHS for 1 year in 2015. Came to Australia afterwards. For me it was basically double the pay, triple the job satisfaction and half the workload compared to NHS. the NHS working conditions were horrendous with constant staff shortages. Don't know why people still stay with NHS.
I don’t work in healthcare but still find your videos interesting to learn about regional variations in pay. Wish you good luck in your career and a happy time in Oz. You’re super smart and have great skill making yt vids
She is very well spoken just like many doctors are who are educated in the UK. Surina seems young but very mature at same time. Great content and yes deffo a soothing accent and voice, bit like mrwhosetheboss
Cost of living may also be relevant. My experience is that supermarkets and restaurants in the UK are less expensive than Australia but that rents are more expensive for an equivalent property. Very dependent on location of course. London and Sydney are very expensive to rent in.
How is the overall cost of living in cities like Sydney or Melbourne? I've heard from friends that Australian cities are becoming very hard and unaffordable to live in
@@waterdrinkingexpert6797 compared to London, where I lived 4 yrs ago, housing in Sydney and Melbourne is a similar affordability struggle. Transport (esp rail), electricity/ gas/ heating is cheaper in Australia although that will depend on your housing type and location in the city. Food is more expensive in Australia. The "X factor" is your lifestyle and how that does/does not change when you live in Australia. I.e. do you take advantage of the local travel opportunities, warm climate and outdoorsy lifestyle in your free time? or are you committed to holidays abroad, hipster bars, cinema, live music, shows, galleries etc. As a general rule of thumb, opting to live and work anywhere but Sydney and Melbourne will give you the most affordable lifestyle, shorter commutes and good access to beaches/ national parks for camping, hiking etc. If you can't live without culture and hipster bars then you will be paying for the dubious privilege of living in Sydney or Melbourne!
Glad you worked the salary packaging thing out, I get it as well because I work for a not-for-profit, and it definitely results in more money in my pocket at the end of the year!
And as a paramedic I make $120k or £68k/year here in Australia. Granted, it's made up of all sorts of 12 hour shifts, but I would have expected junior doctors to be making more. i have a few friends studying medicine. Any career within the healthcare industry is rewarding.
@@anandjai3862 Contact the HR departments of each ambulance service detailing your qualifications. Best of luck. I've worked with a few British paramedics who came here during the recruitment drives we had years ago, and they're on par with ours. We really need experienced staff, not just graduate paramedics.
Not all careers… Pharmacists in Aus get paid absolutely crap, unfortunately. They also don’t get paid equal for the same work compared to other healthcare professionals, and aren’t paid at all for multidisciplinary case conferencing. It’s quite unfortunate for the field. We have pharmacist shortages even in cities like Sydney because no one wants to work for low remuneration anymore.
@@viys3261 Pharmacy and paramedicine are both terrible fields to go into in Australia. Wouldn't advise a UK person to move to Australia. It is near impossible to find a permanent job as a paramedic. With pharmacy, the salary is terrible and won't get any better any time soon. It is an absolute joke. I was both a paramedic and a pharmacist before going into medicine (After many attempts and a PhD).
@@ModifyPhase Glad to hear it eventually worked out for you. I’m unfortunately a final year pharmacy student and didn’t realise how crappy the situation is until it was too late. I’ve been considering doing a masters after I finish and trying for medicine.
And despite all this, better working hours, better living conditions, nicer country, more appreciation, etc, etc, etc, I still have some colleagues who are hard-stuck UK regs and consultants trying to convince me that as an F3 I should stay in the UK and do my specialty here as opposed to living and working in Australia. No thanks, I’ll go somewhere that appreciates me as a doctor and pays me what I deserve without squeezing every ounce of life and energy out of me. Thank you for confirming my suspicions.
Genuinely sounds like jealousy speaking lol. They can't stand the idea of someone on the same level as them working in much better conditions, earning a lot more money, living in a lovely country etc.
If you want to do surgery or get into a competitive speciality then your chances are limited in Australia. Few posts, intense competition for overseas grads including those from the UK. Better to complete your training then come to Australia
Lived in Oz in the eighties. Pay was always higher in all walks of life compared with Britain. I met a guy who'd arrived as a ten pound Pom, and his Oz pay was four times higher from the outset, for the exact same job in Britain. It's not called the lucky Country for nothing.
These comments are based on the UK salary mentioned in the previous video. For simplicity, I am ignoring overtime and other special payments - although they would be treated in the same way. I want to emphasize that your Gross salary is not your entire salary and that you own the Employers payments too - together, these form what I refer to as your salary package. So, 48 hours a week on £15.50 an hour is a salary package of £38,688pa. Let us assume no pension contributions; this would result in taxes comprising Employer's deductions of £4313 approx. Plus PAYE of £4361 and NI of £2977 approx. Now let us assume a pension contribution of £20Kpa; this would result in lower taxes comprising Employer's deductions of £1452.50 approx. Plus PAYE of £933 and NI of £920 approx. Each year you would have £20K in your pension and a take-home income of £15,380pa approx. This method would also reduce your Student Loan payments.
Qld also gives it's residents free( as in no out of pocket) ambulance. And covers Queenslanders around the whole country. Whereas other states you need a annual ambulance insurance and may not cover you in other states.
Hi @surina, it is worth mentioning about what Q super included. Such as your income protection, Workers compensation. FYI what you are paying in your super is the bare minimum, you can always increase it to a way higher percentage. Also don't forget to mention about the long service leave (you will score it once you work here 7 years) basically full paid 3month once you complete 10 years of work in Australia. You all sort of leave get paid at the current level of employment as well. For eg if you accumulated leave from years ago will be paid at higher level when you take at a higher level such as a reg or SMO. Menawhile welcome and enjoy our Australia.
I am an Aust graduate, started working in 1988. Back then the hourly rate was AUD 10.5 base for intern, after PGY3 it was 18/hr and when I left around PGY4 it was around 22/hr. No salary sacrifice back then. Salary sacrifice only makes sense now as a public institution it does not have to pay fringe benefit tax. Maximum tax bracket triggered from $60,000 onward (now $180,000). My summer time job in university paid better than intern rate actually at the time. Minimum wage for adult now is about AUD 23.5 / hr so doctors in hospital earning $48/hr is really not that high. Overtime obviously pays well. Typically an extra evening per week is roster overtime, plus weekends. When I was doing cardiothoracic surgery rotation typical day would be 7am to 8pm. Good luck and enjoy your time working in Qld. My niece just started as intern in Qld this year too.
I watched your videos - both this and NHS one. Excellent explanation with detailed breakdown of salaries. I’m pleased doctors get far more better paid than in the UK. I’m hoping to move to Australia soon. I’m sure you’ve seen the issues in the UK. Again thanks for these videos
This is actually really interesting we used to have many of our trainees travel from Aus to the UK for fellowships in Anaesthetics but due to the Change in the rules is become much harder prospect so now our trainees go to Canada where I gather in Anaesthetics they earn far less and work longer hours. There also been a number of issues in some Public hospital particularly in Surgical trainee positions not having Overtime paid and this has been more of a issue in Covid due to staffing issue for many hospitals
In my time you don't claim every minutes of working overtime. If one stay back for 30-60 minutes to tidy up odd ends we let it pass. Only time I claimed it as routine was daily work to 8pm (normally finish 5:30pm) in a surgical rotation.
You come across as a very bright, balanced young professional. It is a delight. As you said, the value one associates with money is very personal. Here in Wisconsin, USA, a Resident starts at USD $60,000 a year (ungodly hours). At the end of 3 years of residency, the starting salary without any further specialization (Fellowship) is around $150,000=$180,000 per year. We would love to have such talented physicians such as you!
He obviously meant post tax, the average IM physician straight outta residency earned 250k, with an additional fellowship in cardiology or Gastroenterology, pay can rise up to 450k. The post tax for each would be around 170k and 280k respectively for the specialist listed above.
And then there is no universal healthcare in US, high chances of getting killed by a gun crime, and long working hours. My friend who is a Gastroenterologist in Brisbane and earning around $920,000 in Brisbane by just doing 38 hours a week with no fear of shooting. No thanks, but we are happy in Australia.
Omg... 3:53. Your UK hourly rate of pay, pre tax, is the same amount I earned working part-time, night shifts, doing online shopping & nightfill at one of the two big supermarkets in Australia, literally basic, entry level wage (only 2 yrs ago). The starting rate is about $21/hr, but you get an extra 20% working after 6pm, or an extra 50% if you work more than 2 hours between 11pm and 6am or 50% on Sundays & public holidays (Pub Hols used to be 250% more but they dropped it with a new EBA in 2019, but gave us the 20% extra after 6pm). We only get taxed above $18,000 (so no one gets taxed on that first $18k, & ends up being only a little tax if you're working 15-20hrs/week). So glad you're getting paid more in Oz, that's absurdly low from the UK. Pretty good embodiment of the 'fair go' us Aussies love.
@@coopsnz1 Lol you don't save money by buying incredibly expensive cars, nor having absurdly low wages. What a strange way to determine the success of a country & individual's finances: can you afford one very specific, expensive car?
I'm a teacher in Brisbane and my students had an assignment to do exactly this for a hypothetical career! What I found most interesting is that a 3rd year teacher is getting paid the same as a 3rd year doctor (standard pay without all the extra shifts/overtime). Teacher do get about 12 weeks of paid holiday though :D We are sooo lucky here!
No complaints here. I love my job! And I think it goes for any profession, if you're complaining it's probably not for you. Although, the pay RISE is very different. It would take 20+ years for a teacher (ultimately if they become a principal) to reach the pay of a GP.
@@fathematics Personally I think doctors in Australia are overpaid. Particularly if one considers the stress associated with teaching in a public school.
You guys in health care deserve more. I can’t understand why we get paid $1,500 a day in IT / Finance specialist career here. I personally value more to your work than mine honestly.
All wages in Australia are much higher than the UK, the cost of living is much higher. You can buy a sweet 2 bedroom in London for 500k sterling, the same in Sydney won't get you a carpark. Thatas the difference.
London outside of zone 3 for a global center is actually quite affordable. You get paid more in Australia because the cost of living is higher, simple as that. Wait until you have a family and kids in Australia and the "expectant" requirements you'll see the difference, this is why many Brits have left Australia in the past 10 years. *data to back this up and the Australian Government is actually quite worried. Take it from someone who lived in Sydney, New York, and now bides their time between LA and London. Australia has higher salaries because the COL is higher.
Im an Aussie thats worked in finance. The legislation for UK residents repatriating super is called QROPS. If you wish to repatriate the UK tax office HMRC is notified and will be taxed by them.
I've met a few health professionals originally from UK and Ireland; now working in NSW, Australia. They say it's more pay for less work. I didn't realise it was actually nearly double. Seems like it's the other way around for investment bankers. They earn way more in the UK.
@@coopsnz1 UK tax is a tad lower. But the base pay for medical professionals in the public sector are much lower. I weighed up working in the UK as a teacher vs staying in Australia as a teacher. I realised I'd be better off on welfare in Australia than being a paid full time teacher in the UK.
@@coopsnz1 I suggest you learn what an exchange rate is before posting your mathematical analyses. Cars end up more or less the same after taxes and exchange rates.
Wow, this was super interesting to watch. I’m shocked that the pay rate was lower than what I was expecting. Incredible video and such a great job you have! 👏🏼
Im guessing you missed the part where every single year of experience after graduation the pay increases exponentially for just being a year older... for eg a L27 as a bare minimum with no allowances involved makes $240k a year. Not to mention the biggest pay of all being the priceless prestige and respect you get for being a doctor.
How times have changed! When I left the NHS in the 80's we were paid between 10-30% of normal hourly rate depending on whether we were required yo be resident in-hospital on-call. The theory was we would only be working 10-30% of the time on call- the reslity was very different. On a 1-2 on call we were rostered 112 hr/week and probably worked 75% of that.
Hi Taneja, thanks for the information , kindly make a video and compare the NHS with Australian health system., does Australian hospital are also as crazily busy like NHS ?. What about the work environment at Australian hospitals , do juniors are treated with respect ?. The bullying culture is increasing in NHS
From a patient point of view, I think that Australia's health system is superior to the NHS. I have relatives in England and we swap war stories. I was there when my father died in an NHS hospital in 2014. The doctors seemed to be horribly overworked. I'm 73, so I'm paying more attention to health care than I did when I was in my 20s and immortal.
Wow, growing up i thought uk and australia’s pay are huge. I’m 26 and already earning at least 11k aud per month in singapore. My junior doctor friends are earning at least 8-9k aud per month in singapore. With 7% tax. Was thinking of moving to australia but after seeing this, no bueno lol
This is a shock.....I always thought Dr's, even early on in their career earned a lot more. I'm a Shift manager in food manufacturing and earn more then that! wow.....you have a way more stressful and important job than i do! Hope it skyrockets once you get on in your career! Good video!
Great efforts, well done for the clear overview.. I am in the process of getting out of NHS.. Will be there near Brisbane soon.. Not looking forward for the heat and humidity coming from cold UK
As a Brisbane resident let me warn you that you probably won't feel Brisbane's heat until October when the storm season starts. Anything under 30C is considered "cool and comfortable".
You will shocked that majority of times in Brisbane it is pleasant weather plus you have two more beautiful cities one on south gold coast (60 mins drive) and another one on north Sunshine coast (60 mins drive as well). After you are here, you will be saying hell no, I don’t want to have cold weather in Brisbane because of amount of water activities you can do around here because of our beautiful weather that you couldn’t have done if there was freezing here all the time.
I worked several years in Tokyo. Needless to say, I’m much happier back in Oz :) It’s a good life! Unbeatable even! Those who disagree haven’t lived abroad!
Smart and cute (am I allowed to say that these days without being crucified?). Thanks for a very well structured and balanced presentation. Australia is indeed fortunate to have people like you. I hope you stay in Australia, preferably Western Australia where our hospitals are in crisis due to incredibly poor staffing levels.
You will get fringe benefits tax incentives if it's a public hospital, essentially you can salary sacrifice a certain amount which will be tax free. I think it's around $9000 a year and you can spend it on anything. I hope someone has told you this!
Lol no amount of tax incentives can make you rich as a doctor in Australia. In my opinion, Singapore is the best first world country to be rich as a doctor. I left Australia after medical school and I am absolutely glad with that decision. The Singapore dollar is stronger than the Aussie dollar, not to mention the Low taxes and Low cost of food and public transport. I am paying only 18% tax rate on my 162K SGD (160K AUD, £90,000) income in Singapore. That will be a whopping 37% tax rate if I had chose to stay on and work in Australia. Food costs and public transport costs are dirt cheap, I am only paying around 5 AUD per meal outside and around 2 AUD on public train transport daily.
@@lijun4143 Well that's the price of living in Oz :) People make these comparisons on tax but just the difference in infrastructure costs between a tiny city state and an entire continent make a huge difference, as well as a social welfare system. Anyway good luck.
@@Louis-mg5jf You get to salary sacrifice some income if you work for a not for profit employer and essentially it gives you another $16,000 tax free, in addition to the tax free threshold you get around $35,000 before you pay tax. I'm not sure on the amount for hospitals though and it is slightly different.
Singapore is a good place to visit but not to live there. I love Australia and the infrastructure here. No thanks you can live in the country size of a city but not for me.
That was the whole point of Thatcher's Globalisation-the movement of labour across borders to meet the demands of industry. Seems that Tory austerity, NHS cutbacks, funding private contractors within the NHS, and the big Covid PPE swindle has 'encouraged' thousands of well-trained UK health professionals to spend some working time where they feel they are better appreciated and remunerated.
Sorry The maths dont stack up Pre tax annual income is £49,000 Post tax annual income would be £38,000 or ~£3100 a month Ridiculous though is how low doctors are paid in the UK I know in my city the starting salary (first year intern) is $85k which quickly goes to $100k in the second year and then ~$130/40 in the 4th year
Thanks for the interesting video, couldn't help but notice though, you could also salary sacrifice on top of what is already being paid into your super already without having to pay tax on it first, between 5 and 10 percent is a good value.
if you're an 'on call' surgical resident, which hospital are your working for? In most public hospitals with a 24/7 E.R., residents & doctors can work up to 100 hours/week.
As a British Australian, I can tell you the reason why Australia medical staff earn so much more in the public health system. In Australia, you need to show a valid Medicare card (equivalent to NHS no.) to get non-emergency medical treatment as an adult. In the UK, you just walk-in to a hospital and you will get treatment. No-one asks whether you have contributed (as a taxpayer). You can come from any country, been in the country 5 mins and be leaving 5 mins after receiving expensive treatment. This is thanks to the insistence of the BMA, the UK medical union. And this restrictive practice is the reason there is so much less money in the UK public health care system to pay junior doctors.
that is a poor explanation quite frankly. Money from non-eligible patient in hospital would hardly made any difference in determine the salary of staff.
@@Woodland26 How do you know? The number of non-eligibles isn't counted - and they can't be because there is no qualification for NHS healthcare. Maybe a better system would be if doctors want to non-eligible people for free, the cost is deducted from their wages. As opposed to currently, it is deducted from the wages of every taxpayer. That would be a fairer and more democratic way of finding how many non-eligibles get free healthcare.
Excellent video... Covered everything.. I am really keen to know how is your monthly cost in the Australia. Please make a comaparison video about that as well. Thanks so much for such a video.
I thought you'd be on more than that, I'd imagine an average local doc(not specialist) would be on about 200~250K(AU) per year. Just for comparison I work shift 4on 4off(2 days 2 nights 12 hr shifts, 42.8hrs pw ave)in a metal refinery been there 30yrs so on a higher level than most working there(including being a shift team leader), my job includes high risk tickets(like crane license)and working with motel metal in full protection PPE often in ambient temps of 70°C... for a measly 83K AU have to work public holidays if rostered on, pay is annualized paid monthly(so dont get any extra's)
Im guessing you missed the part where every single year of experience after graduation the pay increases exponentially for a regular doc just being a year older... for eg a L27 as a bare minimum with no allowances involved makes $240k a year. An doctor 5-10 years out of graduation easily makes 250k. Add another 5-10 years and they are doubling that. Not to mention the biggest pay of all being the priceless prestige and respect you get from everyone for being a doctor.
Brisbane a lot cheaper than London! I know Sydney and Melbourne are more expensive and conversely many places in England are a lot cheaper than London. For me, living costs are lower than what the equivalent in London would be.
@@drsurinataneja Very interesting! Makes one wonder why anyone stays working for the NHS in the UK - something very very wrong when we can't pay our doctors a decent wage. Sadly academia/education is also the same, if I was 20 years younger I'd definitely be looking to exit the UK and work elsewhere...we have a government that is systematically running down the public sector despite all the fantastic people who work incredibly hard to hold stuff together... it's very depressing.
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Australian Ambulance student straight outtta uni goes to uk,does about 6 weeks training then out on the road with a less qualified assistant.Wage about 55K aud .Ambulance officer comes back to Australia and gets picked up by state ambulance service and wage go,s straight to 95K aud .
Being paid a lousy $32.00 per hour after 5 years of university study with on the job training. Personally I think it is shocking compared to a forklift driver who gets paid $25.00 per hour only 100 hours training in order to get a forklift ticket and reseating the exam every two years. You doctors deserve a lot more than that at least $50.00 per hour but that the public hospital system for ya. My forklift training was also done in Brisbane Queensland but hence saying that I can get a forklift drivers job anywhere in Australia as the system has been nationwide since 2007. Before then you we're only allowed a job anywhere in that state and if we're working in another state at time you had it sit the exam for that state . Once you had got that ticket you had it for life.
I am not sure your calculations are correct here. There are 26 fortnights in a year (52/2). A month is 30 or 31 days exc feb not 28, and there are 12 months in a year. So, what you need to do is multiply your after tax fortnight x 26, then divide that by 12 to get an average monthly figure (2572.88 x 26= 66,894.88, now divide by 12 to get a monthly ave of $5574.57 (instead of 5144 stated). Even better than you think.
Hi Surina! Thank you for these informational videos! I don't think anyone else talks about this essential thing on youtube! I am joining as a RMO soon, and this was very helpful to plan my budget ahead! wish you all the best!
You should try Canada. A family doctor in Canada earns about $200,000 - $300,000/year. But I think they are overpaid considering Canada leads every year in medical mistakes and incorrect diagnoses leading to health complications compared to NHS. Higher paid doctors have not translated into good medical care but it prevents people from moving to the USA where pay is very very high.
Is the cost of living higher in Oz? I have family there but it's hard to compare really. I am tempted by Oz as they need people with my skills (engineer) and whilst the salary sounds good on paper, it's hard to really appreciate if I'd be better off. Having worked in HK for a couple of years, I ended up breaking even, but the life experience was worth every second of it. With a young family it's quite something to consider.
I live in Australia not in medical field. The standard of living here is high. Houses are bigger, but extremely expensive to buy especially in major cities. I think food and utility charges are also higher( compared to UK prices) as I have family there who have compared them. We have Public Health Service for hospital and GP etc. However not all health services are covered by public health.
@@vivienbassiray5617 thank you for the reply. I've lived in a few countries and they all have their idiosyncrasies and balance. It's always interesting to hear people's take on it. In some countries you can live like a king on relatively modest income, but some places work life balance is badly skewed. I imagine doctors work long tough hours, in the other video she showed how little doctors made in the UK which was shocking. In Oz what would be a good salary to live well? Including school for 2 kids, and medical cover and a decent home? $150k $200k? More? I know it sounds crass talking about money but it's more that I'm eyeing up my options to leave the UK, going back to the Mediterranean has huge appeal to me (where I'm from originally) but Oz does seem good too.
For Brisbane vs London (my UK vs Aus experience) I've found rent, travel and eating out etc to be much cheaper. Most notable increase in cost of living is groceries - seems bit more expensive in Aus!
Hi Surina! Everything you present is crystal clear I'll definitely be referring to you for tips along my Foundation year journey. Just wanted to point out it might be more useful for comparison if you showed the ST1/2 UK payscale alongside the PYG3 payscale, as these would be actual equivalents in terms of nodal point and career experience, although appreciate you were using the examples you had to hand. Great vid and beware those aussie snakes and spiders!
When you get to higher levels - the pay scales are somewhat meaningless - you will get right of practice payments of up to 50%. Of base salary, plus numerous other fringe benefits. Senior doctors are, and should be well looked after.
Thank you Surina for your interesting videos. You may have covered this in another video but I feel the burning issue here is how much is your rent/mortgage as the biggest expense? I understand for many young professionals in London its the astronomical rents and the little prospect of saving up the monster deposit. Maybe you could cover your outgoings in Brisbane? You seem a really lovely person and it's sad that the NHS is losing doctors like you, but I wish you the best. Maybe consider coming back when Labour get in and hopefully straighten the ship. How's your surfing? 🙂
I'm Australian, my parents are Geordies from the North of the UK and I spent many years living there. As much as I love England, and I do truly love it, Australia can offer you a lifestyle that you could only dream of in the UK. Prices are higher in Australia, but the pays are double if not triple. It's just so much easier to live a happy life in Australia and not feel like you're being worked to death for little pay. I ended up living in Western Australia, which in comparison to the rest of Australia, pays exceptionally well and the community feels close and friendly.
@@Justwantahover Dr zakir Naik understand him fast at u tube we don't have time
@@someoldytaccount India don't burn dead body not allowed
Fire 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 never ends for disbelievers
Jesus was not killed nor Jesus was crucified
@@ibrahimghibihisab4502 why are you spreading terrorism ( = mentioning that Zakir Naik)😪
As the Americans might say about their military, thank you for your service Surina. Australia is glad to have you here and pleased to pay you well. Hope you enjoy your stay and that you continue to do valuable service to the community wherever you are.
What he said :D
@@GavinGillett fire 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 never ends for disbelievers
Wife back door not allowed ect
Wife back door not allowed ect
Is it just me or is her voice so soothing to listen to you should start a podcast
Wow thanks!
Google DR Lucia another English doctor in Australia with a soothing sexy voice! Something about that accent!?!.. 😍👍🤣
Yes you should
@@drsurinataneja yes, your voice is really nice.
It os u being a simp
Remember that doubling a fortnight does NOT = 1 month. You need to double then multiply by 1.083. This is because you are paid 26 times in a year Vs 12. You are actually paid for 13 months vs 12.
Congratulation
Found the accountant.
Doctors, like lawyers, are generally innumerate.
They often get shafted in business deals, especially real estate.
I gave a patient an injection the other day, they have it every 3 months so I googled "3 months from now" =21st July, my colleague corrected me "12 weeks from now"= 14th July..........Never knew this............Blessings.......
@@franksandbeans2519 Ha ha, actually in marketing, but I like your thinking!
Remember monthly is slightly MORE than 2 fortnights, so the difference between your NHS and Australian base pay is even bigger.
I’m a nurse in a public sector hospital in Victoria. I’m definitely happy with my pay as a specialist nurse, though it varies a lot even among different public hospitals as to whether I’d qualify for the same pay designation! I wouldn’t know that if I hadn’t worked across several employers.
I do wish junior medical officers had better flexibility in their work, like your annual leave having to be taken in your final rotation as one block is just unfair!
Thanks for your great videos. Love it!
As an Aussie final year med student, this was super refreshing and transparent to watch. Props to the camera, editing skills and fitting in such valuable content while being a
doctor! Subbed :)
You should listen to My millenial money medical podcast by Dev Raga if you haven't already done so :)
I've spent 3 years studying a REAL doctors - Rob Cywes, Ken Berry and Annette Bosworth - and I reckon I could do better job as a layman than an allopathic Big Pharma slave ANY day of the week. My GP and 'specialist' did their best to see that I didn't advance in life ...
@@garethwest9069 what happened?
Wow finally answered my curiosity, a decade ago met a British guy came over here to work in ER. Forever I’m mystified at why British doctors nurses come to our backwatered country to work for less pay… thinking they are here for lifestyle not for big pay. Only found out recently Australia pays way more than in the UK not just healthcare but other jobs equivalently… with better incentive… and here I’m thinking we are underpaid lol.
Yes I worked in London for 4 years and the only way I could get by was to contract on a day rate instead of salaried work. Salaries are much lower compared to Australia, in terms of finance roles the average was £35k to £40k p.a. which works out to be about A$60k to A$65k, whereas an equivalent role in Australia would be $90k to $110k. If you contract you could get between £300 to £500 a day in finance depending on the type of work.
That was the only way I could make enough to cover the basics, plus nice meals and nightlife, holidays, save, and pay tax. Otherwise I probably would have only scraped by.
Australia's health service has a far larger private sector component, Australia has a low poplulation, but huge natural resourses to export, particularly to countries like China, which has significantly transformed the country. A top tier emigration state.
People (and the media) have a really bad habit of over-stating what people earn, often inflating figures or just showing the very small percentage of people at the top.
I earnt more than a Pommy Dr by cleaning windows in Australia on standard 7 hour days (6am to 2pm) 5 days a week.
@@Justwantahover If you were earning more then 89K Aud to clean windows then you were doing it on Highrises. I would hope a blue collar working hanging off the side of a building was paid more then a doctor, last i checked a doctors job description doesn't include the risk of plummeting to their death.
As a Brissie resident I love seeing your perspective on everything, and am so glad you guys are enjoying yourself here!
Very interesting. Took me back to 1982 when I came from northern England to Australia. Those early months when I didn't realise my entitlements and worked way too many hours. I wasn't expecting much being from northern England but soon caught on. Most of all I appreciated the fairness of the system here. Hope you do too. Not a bad place to live :) Forty years later, I still like to do an annual trip 'back home' (sorry Greta) to recharge in a Wetherspoons with a proper pint and a bag of pork scratchings!
You'd be able to do that trip on long service leave.
You get 6 weeks for every ten years, for exactly that reason.
From what I've heard it's 2 weeks for the boat trip home 2 weeks holiday and 2 weeks for the trip back
can get pork scratchings/crackle here!
@@DaveWhoa Where?
@@niceviewoverthere4463 at Coles, Woolies, any liquor store. my fave is Poppy Porky's Good'n'Crunchy Pork Crackling. You can also buy pork rind from butchers and Woolies/Coles etc and cook your own
@@DaveWhoa fire 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 never ends for disbelievers
If you want a more accurate way to convert fortnightly pay into monthly, you should multiply your fortnightly payment by 26 and divide by 12, rather than multiplying by 2. 🙂
Ahh yes that would make sense!
True because in one month there are 30 or 31 days whereas in 2 fortnights, there are only 28 days.
@@drsurinataneja Yes it actually makes a big difference because its two extra pay weeks pay a year
Slightly more accurate is to convert the fortnightly pay to daily pay then annual pay and divide by 12. If F is the fortnightly pay, then monthly pay = F / 14 * 365.25 / 12. It allows for leap years but not leap centuries. The banks that I've developed IT systems for used 365.25 in all sorts of interest calculations.
@@roadie3124 fire 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 never ends for disbelievers
The RemServe (popularly called salary sacrificing) is not available to all employees, but I think is available to government workers and some select industries. The Q Super Fund that you mentioned at about 5% is also optional, as the government also pay in 12% to your super, which all employees get. This money is in effect yours, whether you collect it when you leave the country or when you retire. I am quite surprised at the difference in the pays.
If you do want to put additional money into super but you’re employer does not offer salary sacrifice, you can consider making a ‘tax deductible contribution’. You send post tax dollars from a bank account to your super fund, submit a notice of intent to claim, and then put this amount as a deduction on your tax return. It’s effectively the same as salary sacrifice but you can organise it yourself
The separation only gets more dramatic the more senior you get. As an anaesthetic consultant I’m earning comfortably double what I’d be receiving in the NHS and that’s without any private work
I bet! Cons progression seems crazy here!
my uni friend is an anaesthetic consultant and he only works 3 days a week. He has an internal lift in his house too. In his spare time he enjoys constant home improvement in a DIY manner.
@@Woodland26 which country is he working
@@thehunchbackgirl Sydney, Australia
Anaesthetists are THE highest paid employee group in Australia, followed by surgeons. That's of any profession, not just health.
This video must have taken SO long to put together. I hope it's helpful for everyone who finds it.
Thanks for watching 😊
Australian health system is very different to the NHS. The NHS runs the entire hospital system in the UK. In Australia, we have an federal insurance program, that is Medicare. But hospitals are funded by the individual states, which gets its money from the GST.
Don't forget duties & excise taxes screwing you
@not today you don't just pay gst when you spend
11:04 Superannuation is additional to salary and there must be a minimum of 10% paid by the employer (regardless of job) into a super account that is owned by employee (think of it as an investment account you cannot withdraw from but can manage and change).
It’s taxed at 15% regardless of income with three things to note.
Tax is 15% for first $25k sent to super for a year.
Anyone earning over $250k for a given tax year has to pay div 493 tax, which basically means they pay additional tax calculated on any contributions for the year.
Any foreigner that leaves Australia permanently may withdrawn all funds, but pays their nominal tax rate (minus the original 15%) on any monies paid out.
This is an over simplification of the process. But super, the growth of it and the compulsory nature of it is one of a few factors that has led to the median wealth (middle Australia) being among the highest globally (according to the Swiss bank, Credit Suisse’s annual wealth report). In this report the average Australian is among the worlds wealthiest, but this wealth is still very high when looking at the median showing that wealth is fairly distributed (whereas somewhere like the US plummets on median showing wealth is held by the upper class).
The Superfund is not owned by the employer.
The super account is owned by the employee. In the past employers were connected to a default super company. If an employee failed to nominate their preferred superannuation account the employer paid super into the default account on behalf of the employee but this account was always owned by the employee.
@@keithpadbury9818 yes, correct - I accidently wrote "employer". Thank you for the correction prompt :)
@@scottwilliam6141 yes sorry that was a mistake while typing via muscle memory. It's certainly the employees account. I have corrected.
Funny story - my father wrote the "Roster Payroll System" (RPS) software for a major public hospital in Victoria back in the '90s and it continued in use well into the 2000s because it was so well written. The point being, it is REALLY hard to correctly calculate hospital worker pay due to all the weird shifts and stuff that you can have.
Interestingly in Victoria many hospitals just didn’t pay you correctly.
Hence the class action lawsuits.
@@M.-.D I wonder how much of that was a poor RPI system. 🤣🤣
@@KaldekBoch haha I hold no grudges against the payroll team or the software developers.
Oh the many problems I’ve had with my pay as a Victorian nurse over the years. 😢 Many health services are only just switching over now!
I earn 98,000 a year as a physician here in Canada.
7,000 a month from my financial market investment.
7,000×12= 84,000.
98,000 + 84,000
Yearly income = 182,000 per year.
It's fun until you begin to subtract bills.
@jones williams it's based on qualifications.
Sir which of the markets do you trade?
Wow...you are really hardworking.
@Chamberlain godson I don't trade by myself. I trade under a brokerage which handles all my trading activities.
@@kang-dae7619 crypto and stock are my major.
I love your introduction about money and all the controversy behind talking about it. Meticulously crafted monologue ♥️
Worked for NHS for 1 year in 2015. Came to Australia afterwards. For me it was basically double the pay, triple the job satisfaction and half the workload compared to NHS. the NHS working conditions were horrendous with constant staff shortages. Don't know why people still stay with NHS.
I don’t work in healthcare but still find your videos interesting to learn about regional variations in pay. Wish you good luck in your career and a happy time in Oz. You’re super smart and have great skill making yt vids
Such a lovely comment, thank you 😊
She is very well spoken just like many doctors are who are educated in the UK. Surina seems young but very mature at same time. Great content and yes deffo a soothing accent and voice, bit like mrwhosetheboss
Cost of living may also be relevant. My experience is that supermarkets and restaurants in the UK are less expensive than Australia but that rents are more expensive for an equivalent property. Very dependent on location of course. London and Sydney are very expensive to rent in.
London, Sydney are pretty equal in terms of living costs, that's true. But she lives in Brisbane, which is cheaper to live in than the other two.
Brisbane is a lot cheaper than Sydney or London.
How is the overall cost of living in cities like Sydney or Melbourne? I've heard from friends that Australian cities are becoming very hard and unaffordable to live in
@@waterdrinkingexpert6797 compared to London, where I lived 4 yrs ago, housing in Sydney and Melbourne is a similar affordability struggle. Transport (esp rail), electricity/ gas/ heating is cheaper in Australia although that will depend on your housing type and location in the city. Food is more expensive in Australia. The "X factor" is your lifestyle and how that does/does not change when you live in Australia. I.e. do you take advantage of the local travel opportunities, warm climate and outdoorsy lifestyle in your free time? or are you committed to holidays abroad, hipster bars, cinema, live music, shows, galleries etc. As a general rule of thumb, opting to live and work anywhere but Sydney and Melbourne will give you the most affordable lifestyle, shorter commutes and good access to beaches/ national parks for camping, hiking etc. If you can't live without culture and hipster bars then you will be paying for the dubious privilege of living in Sydney or Melbourne!
@@sharonmoller7414 ah I see, thanks!
Glad you worked the salary packaging thing out, I get it as well because I work for a not-for-profit, and it definitely results in more money in my pocket at the end of the year!
Very informative video.
Thank you for sharing your thoughts and experience!
No nights no extra shifts that are music to my ears 👏😊
Wow! What a difference between Aus/UK. So interesting to know and very eloquently presented.
Thank you for watching 😊
@@drsurinataneja a friend send me a clip and I watched it. You are a natural. Will be good behind the screen. I think Dr Ranj will have competition.😁
Your transparency and organisational approach to this video got me to subscribe before you even discussed the topic ❤️
Wow thanks so much 😀
And as a paramedic I make $120k or £68k/year here in Australia. Granted, it's made up of all sorts of 12 hour shifts, but I would have expected junior doctors to be making more. i have a few friends studying medicine. Any career within the healthcare industry is rewarding.
Could you please advise about how a paramedic in UK could apply for the position in Australia. Thanks
@@anandjai3862 Contact the HR departments of each ambulance service detailing your qualifications. Best of luck. I've worked with a few British paramedics who came here during the recruitment drives we had years ago, and they're on par with ours. We really need experienced staff, not just graduate paramedics.
Not all careers… Pharmacists in Aus get paid absolutely crap, unfortunately. They also don’t get paid equal for the same work compared to other healthcare professionals, and aren’t paid at all for multidisciplinary case conferencing. It’s quite unfortunate for the field. We have pharmacist shortages even in cities like Sydney because no one wants to work for low remuneration anymore.
@@viys3261 Pharmacy and paramedicine are both terrible fields to go into in Australia. Wouldn't advise a UK person to move to Australia. It is near impossible to find a permanent job as a paramedic. With pharmacy, the salary is terrible and won't get any better any time soon. It is an absolute joke. I was both a paramedic and a pharmacist before going into medicine (After many attempts and a PhD).
@@ModifyPhase Glad to hear it eventually worked out for you. I’m unfortunately a final year pharmacy student and didn’t realise how crappy the situation is until it was too late. I’ve been considering doing a masters after I finish and trying for medicine.
And despite all this, better working hours, better living conditions, nicer country, more appreciation, etc, etc, etc, I still have some colleagues who are hard-stuck UK regs and consultants trying to convince me that as an F3 I should stay in the UK and do my specialty here as opposed to living and working in Australia.
No thanks, I’ll go somewhere that appreciates me as a doctor and pays me what I deserve without squeezing every ounce of life and energy out of me. Thank you for confirming my suspicions.
"hard-stuck" lmao.
Yeah come to Australia mate.
Genuinely sounds like jealousy speaking lol. They can't stand the idea of someone on the same level as them working in much better conditions, earning a lot more money, living in a lovely country etc.
If you want to do surgery or get into a competitive speciality then your chances are limited in Australia. Few posts, intense competition for overseas grads including those from the UK. Better to complete your training then come to Australia
Thanks for giving the final figures up front and for providing the chapter outline.
Lived in Oz in the eighties. Pay was always higher in all walks of life compared with Britain.
I met a guy who'd arrived as a ten pound Pom, and his Oz pay was four times higher from the outset, for the exact same job in Britain.
It's not called the lucky Country for nothing.
These comments are based on the UK salary mentioned in the previous video. For simplicity, I am ignoring overtime and other special payments - although they would be treated in the same way.
I want to emphasize that your Gross salary is not your entire salary and that you own the Employers payments too - together, these form what I refer to as your salary package.
So, 48 hours a week on £15.50 an hour is a salary package of £38,688pa.
Let us assume no pension contributions; this would result in taxes comprising Employer's deductions of £4313 approx. Plus PAYE of £4361 and NI of £2977 approx.
Now let us assume a pension contribution of £20Kpa; this would result in lower taxes comprising Employer's deductions of £1452.50 approx. Plus PAYE of £933 and NI of £920 approx.
Each year you would have £20K in your pension and a take-home income of £15,380pa approx. This method would also reduce your Student Loan payments.
Qld also gives it's residents free( as in no out of pocket) ambulance. And covers Queenslanders around the whole country.
Whereas other states you need a annual ambulance insurance and may not cover you in other states.
Hi @surina, it is worth mentioning about what Q super included. Such as your income protection, Workers compensation. FYI what you are paying in your super is the bare minimum, you can always increase it to a way higher percentage. Also don't forget to mention about the long service leave (you will score it once you work here 7 years) basically full paid 3month once you complete 10 years of work in Australia. You all sort of leave get paid at the current level of employment as well. For eg if you accumulated leave from years ago will be paid at higher level when you take at a higher level such as a reg or SMO. Menawhile welcome and enjoy our Australia.
Haven't looked to much into it as not sure if I'm staying here
I am an Aust graduate, started working in 1988. Back then the hourly rate was AUD 10.5 base for intern, after PGY3 it was 18/hr and when I left around PGY4 it was around 22/hr. No salary sacrifice back then. Salary sacrifice only makes sense now as a public institution it does not have to pay fringe benefit tax. Maximum tax bracket triggered from $60,000 onward (now $180,000). My summer time job in university paid better than intern rate actually at the time. Minimum wage for adult now is about AUD 23.5 / hr so doctors in hospital earning $48/hr is really not that high. Overtime obviously pays well. Typically an extra evening per week is roster overtime, plus weekends.
When I was doing cardiothoracic surgery rotation typical day would be 7am to 8pm.
Good luck and enjoy your time working in Qld. My niece just started as intern in Qld this year too.
Are you a millionaire now ?
Amazing, very informative and helpful for those who want to move from UK to Australia.
@Orion V taxes on spending much higher in Australia duties & excise taxes is theft
I watched your videos - both this and NHS one. Excellent explanation with detailed breakdown of salaries. I’m pleased doctors get far more better paid than in the UK. I’m hoping to move to Australia soon. I’m sure you’ve seen the issues in the UK. Again thanks for these videos
This is actually really interesting we used to have many of our trainees travel from Aus to the UK for fellowships in Anaesthetics but due to the Change in the rules is become much harder prospect so now our trainees go to Canada where I gather in Anaesthetics they earn far less and work longer hours.
There also been a number of issues in some Public hospital particularly in Surgical trainee positions not having Overtime paid and this has been more of a issue in Covid due to staffing issue for many hospitals
In my time you don't claim every minutes of working overtime. If one stay back for 30-60 minutes to tidy up odd ends we let it pass. Only time I claimed it as routine was daily work to 8pm (normally finish 5:30pm) in a surgical rotation.
A typical doctor on a payroll is not the same as a doctor who is a businessman!! This answers a lot of questions.
You ARE an ANGLE thanks for sharing this with US!!!! Can you please also tell us how you went to Australia and what should we do?
Plane
Coming very soon 😉
Correct
You come across as a very bright, balanced young professional. It is a delight. As you said, the value one associates with money is very personal. Here in Wisconsin, USA, a Resident starts at USD $60,000 a year (ungodly hours). At the end of 3 years of residency, the starting salary without any further specialization (Fellowship) is around $150,000=$180,000 per year. We would love to have such talented physicians such as you!
Pre-tax even FM attending gets 230-250K ?
He obviously meant post tax, the average IM physician straight outta residency earned 250k, with an additional fellowship in cardiology or Gastroenterology, pay can rise up to 450k.
The post tax for each would be around 170k and 280k respectively for the specialist listed above.
And then there is no universal healthcare in US, high chances of getting killed by a gun crime, and long working hours.
My friend who is a Gastroenterologist in Brisbane and earning around $920,000 in Brisbane by just doing 38 hours a week with no fear of shooting. No thanks, but we are happy in Australia.
@@Prince077Aussie wow.....almost a million dollars....super cool, now I wanna relocate badly, is your friend working privately or owns a clinic
@@dr.1956 He works for a private Hospital.
Omg... 3:53. Your UK hourly rate of pay, pre tax, is the same amount I earned working part-time, night shifts, doing online shopping & nightfill at one of the two big supermarkets in Australia, literally basic, entry level wage (only 2 yrs ago).
The starting rate is about $21/hr, but you get an extra 20% working after 6pm, or an extra 50% if you work more than 2 hours between 11pm and 6am or 50% on Sundays & public holidays (Pub Hols used to be 250% more but they dropped it with a new EBA in 2019, but gave us the 20% extra after 6pm).
We only get taxed above $18,000 (so no one gets taxed on that first $18k, & ends up being only a little tax if you're working 15-20hrs/week).
So glad you're getting paid more in Oz, that's absurdly low from the UK. Pretty good embodiment of the 'fair go' us Aussies love.
@@coopsnz1 Lol you don't save money by buying incredibly expensive cars, nor having absurdly low wages. What a strange way to determine the success of a country & individual's finances: can you afford one very specific, expensive car?
@@coopsnz1 Lol dude, cringe.
As a controls electrician fixing machines, I was payed £30 an hour, am now retired for 4 years.
I'm a teacher in Brisbane and my students had an assignment to do exactly this for a hypothetical career! What I found most interesting is that a 3rd year teacher is getting paid the same as a 3rd year doctor (standard pay without all the extra shifts/overtime). Teacher do get about 12 weeks of paid holiday though :D We are sooo lucky here!
And yet teachers are always complaining about pay!.
Teaching is no easy task from what I've seen!! Well deserved and needed holidays 😊
No complaints here. I love my job! And I think it goes for any profession, if you're complaining it's probably not for you. Although, the pay RISE is very different. It would take 20+ years for a teacher (ultimately if they become a principal) to reach the pay of a GP.
@@fathematics Personally I think doctors in Australia are overpaid. Particularly if one considers the stress associated with teaching in a public school.
You guys in health care deserve more. I can’t understand why we get paid $1,500 a day in IT / Finance specialist career here. I personally value more to your work than mine honestly.
All wages in Australia are much higher than the UK, the cost of living is much higher. You can buy a sweet 2 bedroom in London for 500k sterling, the same in Sydney won't get you a carpark. Thatas the difference.
I didn't have much luck finding a decent 2 bed flat for £500k in London! Brisbane is def cheaper than London (apart from groceries)
Ha ha. Show me that flat in London.
London outside of zone 3 for a global center is actually quite affordable. You get paid more in Australia because the cost of living is higher, simple as that. Wait until you have a family and kids in Australia and the "expectant" requirements you'll see the difference, this is why many Brits have left Australia in the past 10 years. *data to back this up and the Australian Government is actually quite worried. Take it from someone who lived in Sydney, New York, and now bides their time between LA and London. Australia has higher salaries because the COL is higher.
@@kycbootcamp4385 Australian government is quite worried? Got a source for that?
Your hilarious.
@@kycbootcamp4385 because taxes & regulations higher in Australia blame left social democracy
love the video as always, you’re very detailed haha. hope you’re safe with the floods atm!
Thank you! Yes all safe and well thanks 😊
Im an Aussie thats worked in finance. The legislation for UK residents repatriating super is called QROPS. If you wish to repatriate the UK tax office HMRC is notified and will be taxed by them.
Thank you Rohan!
At last an answer for so many Brits with their Super diminishing in Australia.
I've met a few health professionals originally from UK and Ireland; now working in NSW, Australia. They say it's more pay for less work. I didn't realise it was actually nearly double.
Seems like it's the other way around for investment bankers. They earn way more in the UK.
@@coopsnz1 UK tax is a tad lower. But the base pay for medical professionals in the public sector are much lower. I weighed up working in the UK as a teacher vs staying in Australia as a teacher. I realised I'd be better off on welfare in Australia than being a paid full time teacher in the UK.
@@coopsnz1 I suggest you learn what an exchange rate is before posting your mathematical analyses. Cars end up more or less the same after taxes and exchange rates.
you r such a clean and transparent person in term of practical life. keep making this kind of videos on financial aspects of medical jobs
Wow, this was super interesting to watch. I’m shocked that the pay rate was lower than what I was expecting. Incredible video and such a great job you have! 👏🏼
How much u expecting? Its junior doc not a surgeon
@@ryanowen3026 it is a fair wage for learning role. Plus salary sacrificing arrangement makes it quite good. Aust basic adult wage is around $23.5/hr
Im guessing you missed the part where every single year of experience after graduation the pay increases exponentially for just being a year older... for eg a L27 as a bare minimum with no allowances involved makes $240k a year. Not to mention the biggest pay of all being the priceless prestige and respect you get for being a doctor.
How times have changed! When I left the NHS in the 80's we were paid between 10-30% of normal hourly rate depending on whether we were required yo be resident in-hospital on-call. The theory was we would only be working 10-30% of the time on call- the reslity was very different. On a 1-2 on call we were rostered 112 hr/week and probably worked 75% of that.
India don't burn dead body not allowed
No idea how I came across your channel, but it's very interesting. Thanks a lot!
Stay safe.
Hi Taneja, thanks for the information , kindly make a video and compare the NHS with Australian health system., does Australian hospital are also as crazily busy like NHS ?.
What about the work environment at Australian hospitals , do juniors are treated with respect ?. The bullying culture is increasing in NHS
From a patient point of view, I think that Australia's health system is superior to the NHS. I have relatives in England and we swap war stories. I was there when my father died in an NHS hospital in 2014. The doctors seemed to be horribly overworked. I'm 73, so I'm paying more attention to health care than I did when I was in my 20s and immortal.
Very comprehensive analysis. Thank you doctor for sharing the information.
Wow, growing up i thought uk and australia’s pay are huge. I’m 26 and already earning at least 11k aud per month in singapore. My junior doctor friends are earning at least 8-9k aud per month in singapore. With 7% tax. Was thinking of moving to australia but after seeing this, no bueno lol
isnt this better?? The pay at the end is given in GBP
Thanks for the video mam. Amazingly explained everything.
This is a shock.....I always thought Dr's, even early on in their career earned a lot more. I'm a Shift manager in food manufacturing and earn more then that! wow.....you have a way more stressful and important job than i do! Hope it skyrockets once you get on in your career! Good video!
Great efforts, well done for the clear overview..
I am in the process of getting out of NHS.. Will be there near Brisbane soon..
Not looking forward for the heat and humidity coming from cold UK
Ooh I love the heat!!
As a Brisbane resident let me warn you that you probably won't feel Brisbane's heat until October when the storm season starts. Anything under 30C is considered "cool and comfortable".
You will shocked that majority of times in Brisbane it is pleasant weather plus you have two more beautiful cities one on south gold coast (60 mins drive) and another one on north Sunshine coast (60 mins drive as well). After you are here, you will be saying hell no, I don’t want to have cold weather in Brisbane because of amount of water activities you can do around here because of our beautiful weather that you couldn’t have done if there was freezing here all the time.
I worked several years in Tokyo.
Needless to say, I’m much happier back in Oz :)
It’s a good life! Unbeatable even! Those who disagree haven’t lived abroad!
Sir how much did you earned in tokyo? Plz reply. Thanks a lot.
Smart and cute (am I allowed to say that these days without being crucified?). Thanks for a very well structured and balanced presentation. Australia is indeed fortunate to have people like you. I hope you stay in Australia, preferably Western Australia where our hospitals are in crisis due to incredibly poor staffing levels.
You will get fringe benefits tax incentives if it's a public hospital, essentially you can salary sacrifice a certain amount which will be tax free. I think it's around $9000 a year and you can spend it on anything. I hope someone has told you this!
Lol no amount of tax incentives can make you rich as a doctor in Australia. In my opinion, Singapore is the best first world country to be rich as a doctor. I left Australia after medical school and I am absolutely glad with that decision. The Singapore dollar is stronger than the Aussie dollar, not to mention the Low taxes and Low cost of food and public transport. I am paying only 18% tax rate on my 162K SGD (160K AUD, £90,000) income in Singapore. That will be a whopping 37% tax rate if I had chose to stay on and work in Australia. Food costs and public transport costs are dirt cheap, I am only paying around 5 AUD per meal outside and around 2 AUD on public train transport daily.
Would you be able to explain this a bit more? thanks!
@@lijun4143 Well that's the price of living in Oz :) People make these comparisons on tax but just the difference in infrastructure costs between a tiny city state and an entire continent make a huge difference, as well as a social welfare system. Anyway good luck.
@@Louis-mg5jf You get to salary sacrifice some income if you work for a not for profit employer and essentially it gives you another $16,000 tax free, in addition to the tax free threshold you get around $35,000 before you pay tax. I'm not sure on the amount for hospitals though and it is slightly different.
Singapore is a good place to visit but not to live there. I love Australia and the infrastructure here. No thanks you can live in the country size of a city but not for me.
Please make a Video about training or residency system in Australia....
Extremely interesting video! Also, love your sense of humour!😀
Nice to know that your UK education and qualifications allows you to sell your UK acquired skills in Australia !!
That was the whole point of Thatcher's Globalisation-the movement of labour across borders to meet the demands of industry.
Seems that Tory austerity, NHS cutbacks, funding private contractors within the NHS, and the big Covid PPE swindle has 'encouraged' thousands of well-trained UK health professionals to spend some working time where they feel they are better appreciated and remunerated.
Sorry The maths dont stack up
Pre tax annual income is £49,000
Post tax annual income would be £38,000 or ~£3100 a month
Ridiculous though is how low doctors are paid in the UK
I know in my city the starting salary (first year intern) is $85k which quickly goes to $100k in the second year and then ~$130/40 in the 4th year
Thanks for the interesting video, couldn't help but notice though, you could also salary sacrifice on top of what is already being paid into your super already without having to pay tax on it first, between 5 and 10 percent is a good value.
Can you please do a video about pay for foreign doctors who just come to Australia and they have just passed their MBBS? It would be very helpful.
if you're an 'on call' surgical resident, which hospital are your working for? In most public hospitals with a 24/7 E.R., residents & doctors can work up to 100 hours/week.
That doesn't sound fun
Real! Not fun as you said.
As a British Australian, I can tell you the reason why Australia medical staff earn so much more in the public health system.
In Australia, you need to show a valid Medicare card (equivalent to NHS no.) to get non-emergency medical treatment as an adult.
In the UK, you just walk-in to a hospital and you will get treatment. No-one asks whether you have contributed (as a taxpayer). You can come from any country, been in the country 5 mins and be leaving 5 mins after receiving expensive treatment.
This is thanks to the insistence of the BMA, the UK medical union.
And this restrictive practice is the reason there is so much less money in the UK public health care system to pay junior doctors.
that is a poor explanation quite frankly. Money from non-eligible patient in hospital would hardly made any difference in determine the salary of staff.
@@Woodland26 How do you know? The number of non-eligibles isn't counted - and they can't be because there is no qualification for NHS healthcare.
Maybe a better system would be if doctors want to non-eligible people for free, the cost is deducted from their wages.
As opposed to currently, it is deducted from the wages of every taxpayer.
That would be a fairer and more democratic way of finding how many non-eligibles get free healthcare.
Thanks for downloading this video :) very interesting.
this is such an informative video, i am moving to canberra from london soon and seeing this. Thank you so much for this!
You're welcome, good luck!
Excellent video... Covered everything..
I am really keen to know how is your monthly cost in the Australia. Please make a comaparison video about that as well.
Thanks so much for such a video.
Look how her face glows up when she talks about Australia compared to the nhs!!
Thanks for coming to Australia. I hope that you can stay for a long time.
I hope so too!
Feel sorry for UK nd Aus "Doctors", In US a grocery store worke earns more than them
I thought you'd be on more than that, I'd imagine an average local doc(not specialist) would be on about 200~250K(AU) per year.
Just for comparison I work shift 4on 4off(2 days 2 nights 12 hr shifts, 42.8hrs pw ave)in a metal refinery been there 30yrs so on a higher level than most working there(including being a shift team leader), my job includes high risk tickets(like crane license)and working with motel metal in full protection PPE often in ambient temps of 70°C... for a measly 83K AU have to work public holidays if rostered on, pay is annualized paid monthly(so dont get any extra's)
Im guessing you missed the part where every single year of experience after graduation the pay increases exponentially for a regular doc just being a year older... for eg a L27 as a bare minimum with no allowances involved makes $240k a year. An doctor 5-10 years out of graduation easily makes 250k. Add another 5-10 years and they are doubling that. Not to mention the biggest pay of all being the priceless prestige and respect you get from everyone for being a doctor.
30 years experience, working shift and getting paid 83k? Why are you still there. You should be getting paid double that.
@@KaesOner because life keeps me here... its not just about me and money is great but it's not everything you need
Great info mate! Thanks!
Love the content, knowledge and layout of ur videos..keep goin ma'am :)
Thanks so much 😊
Hi there! in the payslip 2 (out of hours).
How many hours did you totally worked during those 2 weeks? Thanks for the video!
There are around 4.3 weeks in a month, so the fortnight to month conversion is a little off.
Had no idea about rempserve, will have to look that up! Thanks for the heads up!
How do you find the general cost of living in Australia compares to the UK?
Brisbane a lot cheaper than London! I know Sydney and Melbourne are more expensive and conversely many places in England are a lot cheaper than London. For me, living costs are lower than what the equivalent in London would be.
@@drsurinataneja Very interesting! Makes one wonder why anyone stays working for the NHS in the UK - something very very wrong when we can't pay our doctors a decent wage. Sadly academia/education is also the same, if I was 20 years younger I'd definitely be looking to exit the UK and work elsewhere...we have a government that is systematically running down the public sector despite all the fantastic people who work incredibly hard to hold stuff together... it's very depressing.
Hey doc do make a video on how you applied to Australia for f3 and what all formalities required.
Thank you for sharing this information with us. The video is informative, well organised, presented and edited. When your UA-cam subscription number reaches 1 million…
I love ur content as a medical student it’s super useful ❤
Got to know a lot, thank you!
Getting paid a pittance for 7 years uni + 300+k in student debt + insurances through the roof + liability and stress through the roof.
Thank you for the information.
Another thing to add you are so beautiful, nice hair color.
Australian Ambulance student straight outtta uni goes to uk,does about 6 weeks training then out on the road with a less qualified assistant.Wage about 55K aud .Ambulance officer comes back to Australia and gets picked up by state ambulance service and wage go,s straight to 95K aud .
I didnt realise how lucky we have it in australia, thanks for the info!
Being paid a lousy $32.00 per hour after 5 years of university study with on the job training. Personally I think it is shocking compared to a forklift driver who gets paid $25.00 per hour only 100 hours training in order to get a forklift ticket and reseating the exam every two years. You doctors deserve a lot more than that at least $50.00 per hour but that the public hospital system for ya. My forklift training was also done in Brisbane Queensland but hence saying that I can get a forklift drivers job anywhere in Australia as the system has been nationwide since 2007. Before then you we're only allowed a job anywhere in that state and if we're working in another state at time you had it sit the exam for that state . Once you had got that ticket you had it for life.
I am not sure your calculations are correct here. There are 26 fortnights in a year (52/2). A month is 30 or 31 days exc feb not 28, and there are 12 months in a year. So, what you need to do is multiply your after tax fortnight x 26, then divide that by 12 to get an average monthly figure (2572.88 x 26= 66,894.88, now divide by 12 to get a monthly ave of $5574.57 (instead of 5144 stated). Even better than you think.
Hi Surina! Thank you for these informational videos! I don't think anyone else talks about this essential thing on youtube! I am joining as a RMO soon, and this was very helpful to plan my budget ahead! wish you all the best!
You're welcome -Good luck!
You should try Canada. A family doctor in Canada earns about $200,000 - $300,000/year. But I think they are overpaid considering Canada leads every year in medical mistakes and incorrect diagnoses leading to health complications compared to NHS. Higher paid doctors have not translated into good medical care but it prevents people from moving to the USA where pay is very very high.
Too cold for me 🥶
Taxes much less in Canada
I can assure you that I know two family doctors in canada here and making 500k+
Is the cost of living higher in Oz? I have family there but it's hard to compare really. I am tempted by Oz as they need people with my skills (engineer) and whilst the salary sounds good on paper, it's hard to really appreciate if I'd be better off. Having worked in HK for a couple of years, I ended up breaking even, but the life experience was worth every second of it. With a young family it's quite something to consider.
I live in Australia not in medical field. The standard of living here is high. Houses are bigger, but extremely expensive to buy especially in major cities. I think food and utility charges are also higher( compared to UK prices) as I have family there who have compared them. We have Public Health Service for hospital and GP etc. However not all health services are covered by public health.
@@vivienbassiray5617 thank you for the reply. I've lived in a few countries and they all have their idiosyncrasies and balance. It's always interesting to hear people's take on it. In some countries you can live like a king on relatively modest income, but some places work life balance is badly skewed. I imagine doctors work long tough hours, in the other video she showed how little doctors made in the UK which was shocking. In Oz what would be a good salary to live well? Including school for 2 kids, and medical cover and a decent home? $150k $200k? More? I know it sounds crass talking about money but it's more that I'm eyeing up my options to leave the UK, going back to the Mediterranean has huge appeal to me (where I'm from originally) but Oz does seem good too.
For Brisbane vs London (my UK vs Aus experience) I've found rent, travel and eating out etc to be much cheaper. Most notable increase in cost of living is groceries - seems bit more expensive in Aus!
@@vivienbassiray5617
Have you seen any prices near London!.
@@drsurinataneja
But I find the fruit and veg is fresher, so need to compared to something like Waitrose.
The tomatoes are definitely tastier!.
Hi Surina!
Everything you present is crystal clear I'll definitely be referring to you for tips along my Foundation year journey.
Just wanted to point out it might be more useful for comparison if you showed the ST1/2 UK payscale alongside the PYG3 payscale, as these would be actual equivalents in terms of nodal point and career experience, although appreciate you were using the examples you had to hand. Great vid and beware those aussie snakes and spiders!
When you get to higher levels - the pay scales are somewhat meaningless - you will get right of practice payments of up to 50%. Of base salary, plus numerous other fringe benefits. Senior doctors are, and should be well looked after.
Interesring to know. Which hospital system is better for health workers and patients ? Thx.
Such an interesting insight. Thanks for your time and thanks for sharing……! So if am right , roughly about 6000 per fortnight.
Its good to know the different salary of other country.thank you for sharing.
Thank you Surina for your interesting videos. You may have covered this in another video but I feel the burning issue here is how much is your rent/mortgage as the biggest expense? I understand for many young professionals in London its the astronomical rents and the little prospect of saving up the monster deposit. Maybe you could cover your outgoings in Brisbane? You seem a really lovely person and it's sad that the NHS is losing doctors like you, but I wish you the best. Maybe consider coming back when Labour get in and hopefully straighten the ship. How's your surfing? 🙂