What is the formula to convert an hourly finance business partner salary to annual?

Multiply the hourly rate by the number of hours worked per week, then by 52 weeks. For a standard full-time role, we assume 38 hours per week. For example, $60 per hour × 38 hours × 52 weeks = $118,560 per year. This is the gross annual salary before tax and super. The timesheet on this site uses this formula and also calculates fortnightly pay by doubling the weekly amount.

How does casual loading affect the finance business partner salary?

Casual employees receive a 25% loading on top of the base hourly rate as compensation for not receiving paid leave. If you are a casual finance business partner, you would add 25% to your base rate before converting to annual. For example, a $60 base rate becomes $75 per hour casual rate. The timesheet has a checkbox to add this loading automatically. Do not type a rate that already includes casual loading.

What tax and super apply to a finance business partner salary in 2026-27?

For 2026-27, the resident tax rates are: nil on the first $18,200, 15% on income up to $45,000, 30% up to $135,000, 37% up to $190,000, and 45% above that. Medicare levy is generally 2%. Superannuation guarantee is 12% of ordinary earnings, paid on top of your salary, up to the maximum contribution base of $270,830. These are estimates; the timesheet provides a breakdown of tax and super based on your hourly rate.

Finance Business Partner Salary: Hourly to Annual Conversion for 2026-27

For a finance business partner earning $60 per hour, the annual salary is approximately $118,560 based on a 38-hour week and 52-week year, with super of $14,227.20 paid on top.

Understanding the Finance Business Partner Salary Conversion

Converting a finance business partner salary from an hourly rate to an annual figure is straightforward when you know the standard assumptions. The formula is:

Hourly rate × hours per week × 52 weeks = annual gross salary

For full-time employees, the typical working week is 38 hours, as set by the Fair Work Ombudsman. This site uses that assumption in the timesheet, where you can enter your hourly rate and instantly see the annual, fortnightly, and weekly equivalents, along with tax and super estimates.

The National Minimum Wage and Award Rates

As a baseline, the National Minimum Wage from 1 July 2026 is $26.44 per hour, or $1,004.90 per week for 38 hours. Casual employees receive a 25% loading, making the minimum casual rate $33.05 per hour. These rates come from the Fair Work Ombudsman’s pay guides, which also set minimum wages for each award. Finance business partners are often covered by professional awards or are award-free, but understanding the minimum floor helps contextualise market rates. For award-specific rates, refer to the pay guides on this site.

Finance Business Partner Salary Expectations

A finance business partner salary typically exceeds the minimum wage. According to the Australian Bureau of Statistics, full-time adult average weekly ordinary time earnings were $2,083.70 in May 2026, which equates to about $108,352 annually. However, finance business partner roles often command higher pay due to the specialised skills required. While we cannot provide a precise figure without a specific hourly rate, the average pay page offers broader context. Use the timesheet to convert any hourly rate you have in mind.

From Hourly to Annual: The Calculation

Let’s take an example: a finance business partner earning $60 per hour. Assuming a 38-hour week:

Weekly pay: $60 × 38 = $2,280
Fortnightly pay: $2,280 × 2 = $4,560
Annual gross: $60 × 38 × 52 = $118,560

Superannuation is paid on top at 12% of ordinary earnings, so an additional $14,227.20 per year, up to the $270,830 maximum contribution base. Tax is calculated using the 2026-27 resident rates: the first $18,200 is tax-free, then 15% up to $45,000, 30% up to $135,000, 37% up to $190,000, and 45% above that. Medicare levy adds 2%. For this example, the estimated take-home pay would be around $89,000 after tax and Medicare, before super. See the take-home pay page for a detailed breakdown.

Fortnightly Pay

Many employers pay fortnightly. Simply multiply the weekly amount by two. For our $60/hour example, that’s $4,560 per fortnight before tax. The timesheet shows both weekly and fortnightly figures automatically.

Casual Loading

If you work as a casual finance business partner, you are entitled to a 25% loading on your base rate. For a $60 base rate, the casual rate becomes $75 per hour. The timesheet has a checkbox to add this loading. Never enter a rate that already includes casual loading – let the tool add it for you. Learn more on the casual loading page.

Superannuation and Salary Packaging

Super guarantee is 12% of your ordinary time earnings, paid by your employer on top of your salary. It is not deducted from your pay. The maximum contribution base for 2026-27 is $270,830, meaning super is only calculated on earnings up to that amount. Salary packaging can affect your taxable income, but the timesheet does not account for it. For more, visit super and packaging.

Using the Timesheet

The timesheet, our home page, is the simplest way to convert your finance business partner salary. Enter your base hourly rate, select whether you are casual (to add the 25% loading), and the tool calculates annual, fortnightly, weekly, tax, and super estimates. It uses the 38-hour week, 52-week year, and the latest tax and super rates. The results are estimates – always consult a professional for your specific circumstances.

Reference Tables

For historical rates or award-specific pay, the reference tables provide archived data from the Fair Work Ombudsman and ABS. These are useful for comparing past and current rates.

Important Disclaimer

Annual pay here is hourly rate × hours per week × 52. It assumes the same rate every week, no unpaid overtime, no penalty rates, no allowances, and no salary sacrifice. Super is estimated at 12% of ordinary earnings only, paid on top, and stops at the $270,830 maximum contribution base. Tax is the 2026-27 resident scale with the full tax-free threshold. Medicare uses the 2025-26 single reduction thresholds because the 2026-27 reduction thresholds were not confirmed here. HELP, the Medicare levy surcharge, and salary packaging are not deducted. This is an estimate, not a determination of your pay or tax.