Fellowship (Medical)
The final stage before consultancy — income sits between registrar and consultant.
What is Fellowship (Medical)?
Fellowship is the final stage of specialist training, where you've passed exams but are completing supervised subspecialty work before becoming a fully-qualified consultant. Income typically sits between registrar and consultant levels.
Why it matters for you
At fellowship stage, you're transitioning into the strongest lending category in Australia. Many lenders will assess you at projected consultant income rather than current fellowship pay — unlocking meaningful extra borrowing capacity. Refinance discussions often happen around this career transition.