What are the costs of being a GP?
Oct 1, 2026
The below is intended to give a general idea of what it costs to provide GP services; it does not reflect the situation of every GP or clinic.
An individual GP's costs
I've marked some details specific to me in italics and mandatory expenses in bold.
One-off expenses:
Undergraduate degree - my MD was a postgraduate degree, and I did a Bachelor of Science prior
Medical degree ($40,000) - I was much luckier than some of my friends who had to pay $280,000 for the same degree
Specialist postgraduate training to become a GP
GP exams ($10,000)
Equipment
Laptop, keyboard, mouse - though I'm quite particular about these things and don't expect most other GPs are buying their own computer peripherals
Stethoscope
Dermatoscope - I splurged for a DermLite DL5
Scrubs
Recurring expenses:
Clinic service fee - 35% of my earnings
AHPRA registration - ~$1,000 annually
Medical indemnity insurance - ~$5-10,000 annually
Membership with the Royal Australian College of General Practitioners - ~$1,000 annually
Subscription to Therapeutic Guidelines - essential for practicing up-to-date, evidence-based medicine in my opinion - ~$400 annually
Educational materials and activities
AusPATH conference 2025 ($2,200) - I wanted to learn how to provide good quality gender-affirming healthcare
Miscellaneous:
Income tax (like everyone)
My own annual leave
My own sick leave
My own superannuation
Let me know if I forgot anything!
A clinic's operational costs
Rent/mortgage
Staff: practice manager, reception staff, nursing staff
Cleaning
Utilities:
Electricity, water, internet, phone
Website hosting
Security
IT support
Accreditation - every 3 years
Normal office stuff:
Computers, printers, server, shredding service
Chairs, desks
Phones
Milk, tea, coffee etc.
Stationery etc.
Medical stuff:
Practice management & clinical software licenses
Online booking service
Otoscopes and ophthalmoscopes
Blood pressure machines, thermometers, pulse oximeters
Dermatoscopes
ECG machine
Defibrillator
Electrocautery machine and other surgical instruments
Autoclave and ultrasonic cleaner
Routine testing and servicing of above
Furniture - waiting room chairs, examination couches
Consumables
Disposable components of above equipment
Gloves, dressings, anaesthetic, antiseptic, etc.
Liquid nitrogen service