Pay by Role
Australia · Salary comparison

Psychiatrist vs Psychologist salary

In Australia, a psychiatrist earns about 160% more than a psychologist $431,650 vs $165,859 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%
Healthcare
Psychologist
$165,859/yr
Monthly
$13,810
Hourly
$80
Range
$113,603$229,704
10-yr outlook
+6%

Pay range, side by side

PercentilePsychiatristPsychologist
Entry (10th)$295,701$113,603
25th$363,641$139,766
Median$431,650$165,859
75th$514,718$197,782
Senior (90th)$597,856$229,704

National Australia figures in AUD. Individual pay varies with experience, employer, and location.

More Healthcare comparisons

Frequently asked questions

Does a psychiatrist or psychologist earn more in Australia?
A psychiatrist earns more, at about $622,000 per year vs $239,000 for a psychologist — roughly 160% ($383,000) more.
What is the salary range for these roles in Australia?
A psychiatrist typically earns $426,100–$861,500, while a psychologist earns $163,700–$331,000 per year.
How much do these jobs pay per month in Australia?
On a monthly basis before tax, a psychiatrist averages about $51,800 and a psychologist about $19,900.
How do entry-level salaries compare?
At the 10th percentile in Australia, a psychiatrist earns about $426,100 while a psychologist earns about $163,700 per year.
How do senior-level salaries compare?
At the 90th percentile in Australia, a psychiatrist earns about $861,500 while a psychologist earns about $331,000 per year.
Are psychiatrist and psychologist 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.