What factors influence the earnings of GPs and medical specialists in Australia? is a paper by Terence Chai Cheng and others from the Melbourne Institute of Applied Economic and Social Research. The authors used the first wave of the Medicine in Australia: Balancing Employment and Life (MABEL), a longitudinal survey of doctors in Australia, to assess the question.
For both GPs and specialists, earnings are 17-23% higher for men than for women. Also those who are self-employed, who do after hours or on-call work, and who work in areas with a high cost of living earn more money. GPs have higher earnings if they work in larger practices, in outer regional or rural areas, and in areas with lower GP density, whilst specialists earn more if they are a fellow of their college, have more working experience, spend more time in clinical work, have less complex patients, or work in inner regional areas. Overall, GPs earn about 32% less than specialists.
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