Australia Hourly Pay Calculator (2024-2025)
How Your Australian Hourly Pay is Calculated
In Australia, your hourly rate is just the starting point of your total compensation. To understand your actual "take-home" pay, you must factor in the current tax brackets, the Medicare levy, and employer superannuation contributions.
2024-2025 Individual Income Tax Rates
This calculator uses the latest Stage 3 tax cuts implemented for the 2024-25 financial year. For Australian residents claiming the tax-free threshold ($18,200), the rates are:
- $0 – $18,200: Nil
- $18,201 – $45,000: 16% of excess over $18,200
- $45,001 – $135,000: $4,288 plus 30% of excess over $45,000
- $135,001 – $190,000: $31,288 plus 37% of excess over $135,000
- $190,001 and over: $51,638 plus 45% of excess over $190,000
Superannuation and Medicare
Superannuation: As of July 1, 2024, the Superannuation Guarantee (SG) rate is 11.5%. This is usually paid by your employer on top of your hourly rate, though some contracts are "inclusive" of super. This calculator assumes super is paid in addition to your hourly rate.
Medicare Levy: Most Australians pay a 2% Medicare levy. This is calculated on your taxable income and helps fund the public health system. Low-income earners may receive a reduction or exemption, which this basic calculator treats as a flat 2% for standard estimation purposes.
Example Calculation
If you earn $45.00 per hour working a standard 38-hour week:
- Weekly Gross: $1,710.00
- Annual Gross: $88,920.00
- Annual Tax: Approx. $17,464.00
- Medicare Levy: Approx. $1,778.40
- Annual Super (11.5%): $10,225.80 (Employer contribution)
- Weekly Take-Home: Approx. $1,340.00