Although we have come a long way, the median income isn’t yet reflective of the experience and qualifications needed in comparison with other industries.

Perhaps a better question to ask would be: what other types of job or role are comparable to H&S roles?

I think most will agree that this is lower than comparable professions. The difficulty lies in the “emerging” status of the H&S profession. Until there are industry wide requirements and employer expectations for H&S practitioners and professionals to be experienced and qualified we will remain on lower salary bandwidths.

Is it possible to tease the survey results out a little more? Does this median base income include professional working in the health/disability/not-for-profit/charity sectors? My feeling is this is very much biased towards corporate/private businesses.

The published survey results are here.
Only 12 respondents indicated they worked in the not-for-profit sector. Going back over the years we have run this survey, we have always set a limit of at least 20 responses in any given group to justify publishing a median figure for that group.
(We acknowledge that, statistically, calculating a median from as few as 20 data points isn't optimal. But we set that limit in an effort to balance statistical validity with readers' need-to-know.)

Worrying trend I am starting to see is hiring a health and safety professional with the expectation of being an administrator, trainer, advisor, incident investigator, auditor and business partner all wrapped up in one and not pay market related salary for the skills and experience

Base income of $104,000 for an H&S professional? Not in Palmy, I guarantee that!

Not sure about the 104k, generally I have found most are at the 87k mark

'H&S Professionals' are a pretty broad group and I imagine this figure includes a wide range of H&S roles (and experience and qualification levels), from entry-level advisors, right up to multi-national H&S Managers. Without narrowing down the roles a bit more, I don't know how much we can read into this figure.

Having said that, in my experience, it is highly uncommon for a H&S role to be paid as well as a role in other business functions (e.g. HR, production/operations, finance etc) requiring similar levels of qualification and experience.