This report compares the salaries of New Zealand and Australian medical specialists. A ratio of the top to bottom salary steps is presented for each jurisdiction. This provides information on the relative spread of the salary steps and enables a comparison between areas of the salary progression potential. Non-salary benefits are also summarised.

Key findings:

1. Pay rates in Australia are significantly higher for Medical Specialists. The average salary in New Zealand is less than 60% of the average Australian salary.
2. The top salary step on the New Zealand pay scale is slightly below the lowest salary step for a newly qualified Australian Specialist.
3. Household expenditure is higher in Australia, but increased costs do not explain the difference in the salaries of Medical Specialists. Those earning Australian salaries have a higher purchasing power than those in New Zealand.