“Having worked in a traditionally male-dominated industry, I understand first-hand the challenges women can face in building a career and establishing themselves financially.
Women in Medicine
Women in medicine have substantial income potential that remains unrealised, with strategic planning able to significantly impact lifetime earnings across all specialities.
Significant progress has been made towards achieving equality. However, a woman’s ability to advance her career and earn income at the same rate and level as her male counterparts remains a persistent issue. Female medical professionals experience significant financial challenges.
At DPM Financial Services, we’re committed to empowering both women and men in the medical field. Understanding the challenges and providing targeted financial solutions, we can help all doctors achieve their financial goals and contribute to a more fair and inclusive healthcare system.
Our ‘Diagnosing the divide: women in medicine and the cost of gender’ whitepaper aims to:
➡️ shed light on the current state of the financial challenges for women in medicine,
➡️ explore the contributing factors, and,
➡️ offer practical strategies for female doctors to minimise the impact of their individual situation.
While the data presented here focuses on binary gender categories, we recognise the importance of acknowledging and addressing pay disparities among all groups within the medical profession. DPM are passionate about creating a fairer and more inclusive environment for all. We believe by addressing the differences, we can help to build a stronger, more prosperous future for both women and men in medicine.” – DPM CEO Linda Pickering
Women in Medicine
Women in medicine have substantial income potential that remains unrealised, with strategic planning able to significantly impact lifetime earnings across all specialities.
“Having worked in a traditionally male-dominated industry, I understand first-hand the challenges women can face in building a career and establishing themselves financially.
Significant progress has been made towards achieving equality. However, a woman’s ability to advance her career and earn income at the same rate and level as her male counterparts remains a persistent issue. Female medical professionals experience significant financial challenges.
At DPM Financial Services, we’re committed to empowering both women and men in the medical field. Understanding the challenges and providing targeted financial solutions, we can help all doctors achieve their financial goals and contribute to a more fair and inclusive healthcare system.
Our ‘Diagnosing the divide: women in medicine and the cost of gender’ whitepaper aims to:
➡️ shed light on the current state of the financial challenges for women in medicine,
➡️ explore the contributing factors, and,
➡️ offer practical strategies for female doctors to minimise the impact of their individual situation.
While the data presented here focuses on binary gender categories, we recognise the importance of acknowledging and addressing pay disparities among all groups within the medical profession. DPM are passionate about creating a fairer and more inclusive environment for all. We believe by addressing the differences, we can help to build a stronger, more prosperous future for both women and men in medicine.” – DPM CEO Linda Pickering
Seek good financial advice early.
When you’re aware that a gender pay gap can exist, you can take steps to get the most out of your money so you can feel more secure in the future.
Understanding Insurance For many medical professionals, insurance can feel like one of those financial topics that is important, but easy to leave sitting ignored and forgotten in the background. Between demanding clinical work, training commitments, family responsibilities, career progression and major life decisions, reviewing…
Super 101 for female medical professionals For many medical professionals, super often sits quietly in the background while careers, families and major life milestones take centre stage. Over the course of your career, however, super can become one of the most…
When should women in medicine talk to a lending consultant? For women in medicine, lending decisions rarely happen in neat, predictable phases. Careers are demanding and often non-linear, income changes over time, and maternity leave, part-time work and caregiving responsibilities frequently intersect with peak professional years. As a result,…
Why Financial Literacy Matters Medicine is one of the longest roads to the first serious pay cheque. By the time most doctors are earning a real income, their peers in other fields have had years to build savings, pay down…
By Amelia Jones, B. Comm, CA, Tax Consultant at DPM Financial Services Payday Super is one of the most significant changes to Australia's superannuation system since the Super Guarantee was introduced. From 1 July 2026, super must be paid with…
The basics of child trauma cover As a doctor, you spend your working life managing risk, uncertainty, and outcomes in your professional life. When it comes to your own family, however, the emotional stakes are far higher, and the financial…
Look, between cramming for exams, surviving rotations, and trying to have some kind of life, thinking about finances probably ranks somewhere below doing laundry on your priority list. When you're living on a student budget or that first intern paycheck,…
Finishing med school and starting work is exciting… until tax time rolls around. Suddenly you’re staring at payslips, receipts, and wondering: what can I actually claim? Whether you’re juggling public hospital shifts, working as a locum or getting income from…
The reality of aged care For many doctors and surgeons, supporting elderly parents through aged care is deeply personal. You're juggling clinical responsibilities while trying to make sense of a financial system that seems designed to confuse. Between emergency calls…
Is Trauma Insurance Part of Your Portfolio? In the world of medicine, you’re accustomed to expecting the unexpected—yet too often, doctors build a rock-solid financial plan that stops short of covering one of life’s toughest curveballs: a critical illness. Trauma…
Smart financial planning goes beyond annual earnings.
It’s about maximising long-term wealth building, securing retirement, and achieving financial independence. With targeted financial planning and strategic career decisions, female doctors can overcome industry-specific hurdles, achieve outstanding financial outcomes and build the prosperous future their skills and dedication deserve.
Reducing pay disparity in medicine requires both systemic changes and individual action. Although achieving complete equality may take generations, immediate steps can help mitigate financial gaps.
Practical strategies can include:
➡️ proactive superannuation contributions
➡️ awareness of gender-related differences in costs like income protection insurance
➡️ building supportive professional networks
➡️ encouraging equitable parental leave policies
➡️ seeking sound financial advice early in your career.
By combining targeted personal financial strategies with broader workplace reforms, we want to help you better navigate and overcome financial disparities. Our goal is to support your career advancement and long-term financial security.
Financial experts you can trust.
During all stages of your medical career, DPM will help with the next step.
MedMic powered by DPM 🎙️ Episode 4:
Superannuation & the gender gap
There is a disparity in super balances when it comes to male and female doctors.
Join Will Ezzy and special guest host Karli Tsemetzis as they discuss the different circumstances and what you can consider when optimising your strategy.
Karli Tsemetzis
DPM Private Wealth Consultant
Karli works with clients to create tailored plans that fit their goals. Whether it’s structuring cashflow efficiently, navigating investments, optimising superannuation, or planning for major financial milestones.
MedMic powered by DPM 🎙️ Episode 4:
Superannuation & the gender gap
There is a disparity in super balances when it comes to male and female doctors.
Join Will Ezzy and special guest host Karli Tsemetzis as they discuss the different circumstances and what you can consider when optimising your strategy.
Women of DPM
At DPM we’re passionate about fostering a culture of diversity and inclusion, and inspired by our dynamic and diverse leaders paving the way for a brighter future.
We're proud to have achieved a strong gender balance in our leadership team.
We’re doing our best to walk the walk with a strong gender balance across our senior leadership team. While we recognise that the financial services industry, like medicine, still faces gender disparity, we are taking steps to address this head on.
Linda Pickering
CEO
Peta Silbersher
Head of People & Business Services
Kate Evans
Principal & General Manager – Lending
James Kalamias
General Manager - Tax & Accounting
Marika Mellas
General Manager – Technology, Innovation & Marketing
Daniel Madden
Head of Group Finance
Women in Finance
Our Women in Finance program aims to create a more equitable workplace by fostering growth, development and a more even gender split across all roles, from administrative to leadership. Open to DPM female employees at all career stages, the program includes networking, mentoring, career advice, and development opportunities.
While we’re still working on it within our own business, we’re taking the steps to close the gap. We want to make sure there’s an even playing field for both men and women at DPM.
