Men: good looks go further

4BC Summer Mornings: The first Australian study of the financial return for physical attractiveness finds it is worth an astounding $32,150 in annual salary, with men of above-average looks typically commanding $81,750 compared with $49,600 for men with below-average looks.

The authors, Melbourne University economist Jeff Borland and a former Australian National University economist, Andrew Leigh, find the "plainness penalty" more important than the "beauty premium".

Federal Labor MP and former academic at Australian National University Andrew Leigh joins Ian Maurice on why the pretty people get more money and opportunities.