Table 2.
Participant financial characteristics
| Financial characteristics | Total responses N (%) Mean (SD) Median (IQRa) n = 286 |
Metro N (%) Mean (SD) Median (IQRa) n = 234 |
Rural N (%) Mean (SD) Median (IQRa) n = 52 |
OR, 95% CI |
|---|---|---|---|---|
| Gross earnings (before tax) | n = 212 | n = 173 | n = 38 | |
| Annual ($) | 79,194 (45,651) | 80,340 (47,531) | 72,372 (35,047) | 1.00 (0.99–1.00) |
| Gross household income (before tax) | n = 172 | n = 122 | n = 24 | |
| Annual ($) | 153,240 (94, 300) | 156,980 (100,051) | 130,196 (52,442) | 1.00 (0.99–1.00) |
| ‘In kind’ benefits | n = 286 | n = 233 | n = 52 | |
| Yes | 14 (5%) | 12 (5%) | 2 (4%) | 0.74 (0.16–3.40) |
| ($) | 5000 (2000–10,000) | 5000 (2250–10,000) | 7725 (450–15,000) | |
| Education/training financial debt | n = 286 | n = 233 | n = 52 | |
| Yes | 112 (39%) | 94 (40%) | 18 (35%) | Reference value |
| Unsure/prefer not to say | 52 (18%) | 39 (17%) | 13 (25%) | 0.57 (0.26–1.29) |
| No debt | 122 (43%) | 100 (43%) | 21 (40%) | 0.91 (0.46–1.82) |
| Education/training financial debt | n = 112 | n = 94 | n = 18 | |
| ($) | 36,629 (44, 869) | 31,957 (23,017) | 54,805 (98, 909) | 0.99 (0.99–1.00) |
| Financial investment in private practice | n = 286 | n = 233 | n = 52 | |
| Yes | 71(25%) | 55(24%) | 15 (29%) | 1.31 (0.67–2.57) |
| Total financial debt from owning private practice | n = 28 | n = 20 | n = 7 | |
| ($) | 109,555 (125, 779) | 93,277 (110, 633) | 170,286 (159, 981) | 0.99 (0.99–1.00) |
| Status of private practice for tax | n = 71 | n = 55 | n = 15 | |
| Sole trader | 29 (41%) | 24 (44%) | 5 (33%) | Reference value |
| Partnership | 5 (7%) | 3 (5%) | 2 (13%) | 0.31 (0.04–2.38) |
| Company | 21 (30%) | 16 (29%) | 4 (27%) | 0.83 (0.19–3.58) |
| Trust | 16 (22%) | 12 (22%) | 4 (27$%) | 0.63 (1.14–2.76) |
| You (or employer) regularly contribute to superannuation scheme | n = 279 | n = 227 | n = 51 | |
| Yes | 243 (87%) | 198 (87%) | 44 (86%) | 1.09 (0.45–2.64) |
| “Given my current financial situation and prospects, I believe I will have enough to live on when I retire” | n = 286 | n = 233 | n = 52 | |
| Agree | 96 (33%) | 76 (32%) | 19 (36%) | Reference value |
| Neutral | 82 (29%) | 67 (29%) | 15 (29%) | 1.12 (0.53–2.37) |
| Disagree | 108 (38%) | 90 (39%) | 18 (35%) | 1.25 (0.61–2.55) |
| Professional medical liability/insurance premiums in last 12 months | n = 188 | n = 149 | n = 38 | |
| ($) | 602 (1,911) | 472 (738) | 1100 (3,994) | 0.99 (0.99–1.00) |
aInterquartile range