Physician vs Psychiatrist salary
In Australia, a psychiatrist earns about 121% more than a physician — $431,650 vs $195,700 per year.
Showing amounts in USD (USD default; source data is AUD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies
Pays more
Healthcare
Psychiatrist$431,650/yr
- Monthly
- $35,948
- Hourly
- $207
- Range
- $295,701–$597,856
- 10-yr outlook
- +8%
Pay range, side by side
| Percentile | Physician | Psychiatrist |
|---|---|---|
| Entry (10th) | $125,262 | $295,701 |
| 25th | $160,446 | $363,641 |
| Median | $195,700 | $431,650 |
| 75th | $238,726 | $514,718 |
| Senior (90th) | $281,822 | $597,856 |
National Australia figures in AUD. Individual pay varies with experience, employer, and location.
More Healthcare comparisons
Frequently asked questions
- Does a physician or psychiatrist earn more in Australia?
- A psychiatrist earns more, at about $622,000 per year vs $282,000 for a physician — roughly 121% ($340,000) more.
- What is the salary range for these roles in Australia?
- A physician typically earns $180,500–$406,100, while a psychiatrist earns $426,100–$861,500 per year.
- How much do these jobs pay per month in Australia?
- On a monthly basis before tax, a physician averages about $23,500 and a psychiatrist about $51,800.
- How do entry-level salaries compare?
- At the 10th percentile in Australia, a physician earns about $180,500 while a psychiatrist earns about $426,100 per year.
- How do senior-level salaries compare?
- At the 90th percentile in Australia, a physician earns about $406,100 while a psychiatrist earns about $861,500 per year.
- Are physician and psychiatrist similar careers?
- Both roles sit in the Healthcare category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.