This report presents an analysis of the gender pay gap among highly educated individuals in Australia, focusing on those with graduate degrees. The study utilizes data from the Australian Household Survey of 2015-2016, employing OLS estimators to assess wage differentials. The report examines various factors, including age, gender, marital status, and occupation, to determine their impact on wages. The methodology involves initial model development, testing assumptions such as multicollinearity and normality, and refining the model to address heteroskedasticity. Results indicate little to no gender pay gap among the highly educated population, though limitations exist due to the use of OLS estimators with complex panel data. The report provides detailed data summaries, including descriptive statistics and scatter plots, and concludes with an overview of the findings and potential areas for further research. Tables and figures are used to illustrate the findings of the research.