Australia's richest live near Sydney's northern beaches and earn more than 10 times the income of the nation's poorest, who live in regional NSW, ATO statistics show.
The ATO Taxation Statistics for 2016-17 is based on information from 13.9 million Australians
The report presents an overview of 16.5 million 2017 income tax returns, which include 970,000 companies, as well as super funds, partnerships and trusts. Sydney's postcode 2027, which includes Darling Point, Edgecliff, HMAS Rushcutters, Point Piper, came in third, with an average taxable income of $187,689. This postcode was Australia's richest the year before .New South Wales was home to the lowest earning area. Postcode 2308, covering Newcastle University and Callaghan, had an average taxable income of $20,589.
The profession with the highest income was surgeon, with a national average taxable income of $394,866. Out of about 1,100 occupations recorded, there were only 72 occupations where females had an average taxable income higher than males.
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