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

Multiply your hourly rate by your weekly hours and then by 52. For a full‑time employee working 38 hours per week, the formula is: hourly rate × 38 × 52. This gives a gross annual figure that assumes the same rate every week with no unpaid overtime or penalty rates. Our salary converter uses this standard 38‑hour week, but you can adjust the hours if your pattern is different.

What is casual loading and how does it affect my pay?

Casual loading is an extra 25% paid on top of the base hourly rate to compensate for not receiving paid leave entitlements. For example, the national minimum wage of $26.44/hour becomes $33.05/hour for casual employees. Our salary converter has a checkbox to add casual loading automatically – do not type a rate that already includes it.

How is tax and Medicare calculated on my annual salary?

For 2026–27, resident tax rates are: nil up to $18,200, 15% from $18,201 to $45,000, 30% to $135,000, 37% to $190,000, and 45% above that. The Medicare levy is 2% of taxable income. Our salary converter applies these rates using the full tax‑free threshold and the 2025–26 single reduction thresholds (as 2026–27 thresholds were not confirmed). The result is an estimate only – it does not include HELP, the Medicare levy surcharge, or salary packaging.

Salary Converter: Turn Your Hourly Rate into Annual, Fortnightly, and After-Tax Pay

Based on a 38‑hour week, the national minimum wage of $26.44/hour gives $1004.90 per week, $2009.80 per fortnight, and $52,254.80 per year before tax and super.

Using the salary converter

Our salary converter helps you turn an hourly rate into annual, fortnightly, and weekly figures – and then estimates your take‑home pay after tax and Medicare. It’s designed for Australian employees covered by the national system, whether you’re award‑free or under an award.

The core formula is simple: hourly rate × hours per week × 52. We assume a standard 38‑hour week, which is the ordinary hours used for the national minimum wage. If you work different hours, you can adjust the weekly hours in the converter. The fortnightly amount is simply weekly pay × 2, and the annual figure is weekly pay × 52.

What the converter includes

Gross annual pay – your hourly rate multiplied by your weekly hours and 52 weeks.
Fortnightly and weekly pay – shown before tax.
Estimated tax – using the 2026–27 resident tax scale with the full tax‑free threshold.
Medicare levy – 2% of taxable income (using 2025–26 single reduction thresholds).
Superannuation – 12% of ordinary earnings, paid on top of your salary, up to the $270,830 maximum contribution base.

You can also add casual loading with a single checkbox. This adds 25% to the base hourly rate – do not enter a rate that already includes casual loading.

National Minimum Wage and award rates

The Fair Work Commission sets the national minimum wage. From 1 July 2026, it is $26.44 per hour for a 38‑hour week, giving $1004.90 per week. Casual employees receive a 25% loading, making it $33.05 per hour. This is the minimum for award‑free adult employees.

Most employees are covered by an award, which sets higher minimum rates. The Fair Work Ombudsman provides pay guides with the exact rates for each classification, including penalties, allowances, and casual loadings. Our salary converter uses the base hourly rate you enter – check your award to ensure you’re using the correct classification rate.

For more detail on minimum pay, see our minimum wage page. If you’re a casual worker, the casual loading page explains how the 25% loading works.

Tax and Medicare on your annual pay

Once you have your gross annual figure, the converter estimates tax using the 2026–27 resident rates:

$0 – $18,200: Nil
$18,201 – $45,000: 15c for each $1 over $18,200
$45,001 – $135,000: $4,020 plus 30c for each $1 over $45,000
$135,001 – $190,000: $31,020 plus 37c for each $1 over $135,000
$190,001+: $51,370 plus 45c for each $1 over $190,000

The Medicare levy is 2% of taxable income. The converter uses the 2025–26 single reduction thresholds because the 2026–27 thresholds were not confirmed at the time of calculation. This means the estimate is a guide only – your actual tax may differ if you have dependants, a spouse, or other circumstances.

For a deeper look at what you keep after tax, visit our take-home pay page.

Superannuation is paid on top

Under the Super Guarantee, your employer must pay 12% of your ordinary earnings into a super fund. This is paid on top of your salary, not deducted from it. The maximum contribution base for 2026–27 is $270,830 – earnings above that don’t attract the guarantee.

Our salary converter shows the estimated super amount separately. For example, on a $52,255 annual salary (minimum wage), the super contribution would be about $6,271. Remember, super is not part of your take‑home pay – it’s invested for retirement.

Learn more about how super interacts with your salary on our super and packaging page.

Important limitations

The salary converter provides an estimate, not a determination of your pay or tax. It assumes:

The same rate every week, with no unpaid overtime.
No penalty rates, allowances, or shift loadings.
No salary sacrifice or packaging arrangements.
No HELP or HECS repayments, Medicare levy surcharge, or other deductions.

If you have an annualised wage arrangement or a salary that covers multiple entitlements, the Fair Work Ombudsman explains that you must still receive at least what you would have earned under the award. Our converter does not account for these complexities.

For a full picture of your pay, always check your award or agreement, and consult the Fair Work Ombudsman for annualised wage rules.

Use our the timesheet to start your salary conversion, or browse our reference tables for quick comparisons.