How do I convert my hourly rate to an annual salary?

Multiply your hourly rate by the number of hours you work each week, then multiply by 52. For a standard full‑time role of 38 hours per week, the formula is: hourly rate × 38 × 52. This gives your gross annual pay before tax and other deductions. If you work different hours, adjust the weekly figure accordingly.

What tax and Medicare levy will I pay on my annual salary?

For the 2026–27 income year, resident tax rates are: nil up to $18,200; 15% from $18,201 to $45,000; 30% from $45,001 to $135,000; 37% from $135,001 to $190,000; and 45% above $190,000. The Medicare levy is generally 2% of your taxable income. The tax‑free threshold is included, and the Medicare levy reduction thresholds used here are the 2025–26 single figures because the 2026–27 thresholds were not confirmed at the time of calculation.

Is superannuation included in my annual salary?

No, superannuation is paid on top of your ordinary earnings. The super guarantee rate is 12% of your ordinary time earnings, up to the maximum contribution base of $270,830. For example, if your annual gross pay is $60,000, your employer must contribute an additional $7,200 into your super fund. The annual salary figure shown in this calculator does not include that extra amount.

Convert Your Hourly Rate to Annual Pay: Tax and Medicare on the Minimum Wage 2025 Context

For a full-time employee working 38 hours per week, annual gross pay is hourly rate × 38 × 52. The National Minimum Wage from 1 July 2026 is $26.44 per hour, but the minimum wage 2025 rate was lower.

Understanding the Hourly to Annual Conversion

When you have an hourly rate or a salary offer and want to know the annual figure for a 38‑hour week, the formula is straightforward: hourly rate × hours per week × 52. This calculation assumes you work the same number of hours each week, with no unpaid overtime, penalty rates, allowances, or salary sacrifice. The standard full‑time week in Australia is 38 hours, so we use that as the default. If you work a different pattern, simply replace 38 with your actual weekly hours.

Why 38 Hours and the Fortnight

The 38‑hour week comes from the Fair Work Act and is the base for the National Minimum Wage and many awards. To see your fortnightly pay, multiply your weekly pay by 2. For example, if your hourly rate is $30, your weekly pay is $30 × 38 = $1,140, and your fortnightly pay is $2,280. This helps when budgeting or comparing salary packages.

The National Minimum Wage and Award Rates

The Fair Work Commission sets the National Minimum Wage each year. From 1 July 2026, the rate is $26.44 per hour for a 38‑hour week, or $1,004.90 per week. This is the floor for employees not covered by an award or agreement. However, many workers are covered by industry or occupation‑specific award rates, which are often higher. For example, the minimum wage 2025 (the rate that applied before the 2026 increase) was lower, but award rates may have been above that. If you are on an award, check your classification in the relevant pay guide. Casual employees receive a 25% loading on top of the base rate – for the National Minimum Wage, that is $33.05 per hour including loading. The loading is paid instead of paid leave entitlements.

Superannuation Is Paid on Top

Super guarantee contributions are not part of your gross annual salary. Your employer must pay 12% of your ordinary time earnings into your super fund, on top of your salary. For the 2026–27 year, the maximum earnings base for super is $270,830. So if your annual salary is $80,000, your employer adds $9,600 to your super. The annual figure shown here does not include super; it is your before‑tax salary.

Tax and Medicare on Your Annual Figure

Once you have your gross annual salary, you need to estimate the tax and Medicare levy that will be deducted. The Australian Tax Office uses a progressive tax scale for residents. For 2026–27:

$0 – $18,200: Nil
$18,201 – $45,000: 15% of the amount over $18,200
$45,001 – $135,000: $4,020 plus 30% of the amount over $45,000
$135,001 – $190,000: $31,020 plus 37% of the amount over $135,000
$190,001 and above: $51,370 plus 45% of the amount over $190,000

The Medicare levy is generally 2% of your taxable income. There are reductions for low‑income earners, but the thresholds used here are the 2025–26 single reduction thresholds because the 2026–27 figures were not confirmed at the time of calculation. The levy is added to your tax bill.

Example: Minimum Wage 2025 Context

If you were earning the minimum wage 2025 (the rate before the 2026 increase), your hourly rate would have been lower than $26.44. For illustration, using the current National Minimum Wage of $26.44 per hour for 38 hours a week:

Weekly gross: $26.44 × 38 = $1,004.72
Annual gross: $1,004.72 × 52 = $52,245.44
Tax on $52,245.44: $4,020 + 30% × ($52,245.44 – $45,000) = $4,020 + $2,173.63 = $6,193.63
Medicare levy: 2% × $52,245.44 = $1,044.91
Total deductions: $7,238.54
Net annual pay: $45,006.90

This is an estimate. Your actual tax may differ if you have deductions, offsets, or a HELP debt.

Using the Timesheet and Other Tools

To calculate your own figures, use the timesheet on this site. Enter your base hourly rate – do not include casual loading in the rate you type. If you are a casual employee, check the box to add 25% loading on top. The timesheet will show your weekly, fortnightly, and annual pay, along with estimated tax and super. For more details on pay guides, see the pay guides page. You can also explore reference tables for award rates and take‑home pay estimates.

Distinguishing Different Pay Types

It is important to understand the difference between the National Minimum Wage, award rates, and enterprise agreements. The National Minimum Wage is the legal minimum for employees not covered by an award. Award rates are set by the Fair Work Commission for specific industries and occupations, and they are usually higher. Casual loading (25%) is added to the base rate for casual employees, as they do not receive paid leave. Super is always paid on top of your ordinary earnings, regardless of your employment type.

Average Earnings vs Your Pay

The Australian Bureau of Statistics publishes Average Weekly Earnings. For May 2026, full‑time adult ordinary time earnings were $2,083.70 per week. All employees total earnings (including part‑time) averaged $1,579.20 per week. These are averages across the economy, not medians for any specific job. Do not compare your pay to these figures as if they represent a typical salary for your role. Use the average pay page for more context, but remember that your individual circumstances may vary.

Final Notes

This calculator provides an estimate only. It assumes the same hourly rate every week, no unpaid overtime, no penalty rates, no allowances, and no salary sacrifice. Super is estimated at 12% of ordinary earnings, paid on top, and stops at the $270,830 maximum contribution base. Tax uses 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. For a more precise calculation, consult a tax professional or use the super and packaging guide.