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The payment mechanism for GPs in Australia is quite complex – you are paid a commission based on the billing you do, which in turn is based on the number of patients / types of illness you see each month. As a guide, you’re likely to bill around $400,000 to patients / Medicare in your first year.
If you’re on a:
a) 50% commission, you’d get $200,000
b) 60% commission, you’d get $240,000
c) 65% commission, you’d get $260,000
d) 70% commission, you’d get $280,000
Over time, you should see the amount you bill rise to around $450,000 to $500,000, with a corresponding increase in your income
Rural / remote medicine is more likely to be salaried – though you’re likely to earn roughly the same amount by the time the various bonuses and grants are taken into account
Different types of GP practices offer different deals. As a generalisation, corporately owned practices usually make a lump sum payment to doctors coming from overseas. They then offer a slightly lower percentage to compensate. Privately owned practices usually don’t have money available for a lump sum but can offer a slightly better percentage. Overall though the total amount you’ll get over, say, 3 years is roughly the same, whichever type of practice you work for. The figures are negotiable and do depend on how long a contract you’re willing to agree to.
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