FY 2025-26 · Australian resident current
$24 per hour after tax in FY 2025-26
$24/hour at a 38-hour working week in the FY 2025-26 financial year gave $41,749 per year take-home, an effective tax rate of 12.0%.
What was different in FY 2025-26
- Brackets unchanged from FY24-25.
- Super Guarantee rate reaches 12% (the final legislated step).
- New marginal HELP repayment thresholds in force.
38 vs 40 hours per week
| Scenario | Annual gross | Total tax | Take-home | Effective |
|---|---|---|---|---|
| 38 h/week × 52 weeks | $47,424 | $5,675 | $41,749 | 12.0% |
| 40 h/week × 52 weeks | $49,920 | $6,511 | $43,409 | 13.0% |
$24/hour across financial years
At 38 h/week × 52 weeks. Gross is constant; take-home differs due to bracket, LITO, Medicare and super rate changes.
| Financial year | Total tax | Take-home |
|---|---|---|
| FY 2020-21 | $5,503 | $41,921 |
| FY 2021-22 | $5,083 | $42,341 |
| FY 2022-23 | $6,540 | $40,884 |
| FY 2023-24 | $6,540 | $40,884 |
| FY 2024-25 | $5,675 | $41,749 |
| FY 2025-26 (this page) | $5,675 | $41,749 |
| FY 2026-27 | $5,407 | $42,017 |
Also see the FY 2025-26 calculator, or the current-year $24/hour page.
Closest annual salary
$24/hour at 38 h/week annualises to $47,424, roughly a $45,000 annual salary.
See the $45,000 salary page for FY 2025-26 →Frequently asked questions
What was $24 per hour annually in FY 2025-26?
$24 per hour annualises to $47,424 at 38 hours per week, or $49,920 at 40 hours per week, across 52 weeks. The same gross regardless of financial year.
What was $24 per hour after tax in FY 2025-26?
A $24 hourly rate in FY 2025-26 left about $41,749 per year take-home at 38 h/week, or $43,409 at 40 h/week — for an Australian resident with private hospital cover.
How much tax did $24/hour earners pay in FY 2025-26?
On a $24 hourly rate at 38 h/week, total tax for FY 2025-26 was about $5,675 ($4,727 income tax plus $948 Medicare levy).
What Super Guarantee rate applied to $24/hour in FY 2025-26?
The Super Guarantee rate in FY 2025-26 was 12%. An employer paid $5,691 in SG contributions per year on a $24/hour full-time (38 h/week) rate that financial year.
How does $24/hour in FY 2025-26 compare to 2025-26?
A $24/hour rate produced the same take-home in FY 2025-26 as it does in FY2025-26 — approximately $41,749 per year.
Nearby hourly rates (FY 2025-26)
Run a custom calculation for FY 2025-26
This page assumes 52 weeks of work per year and no salary sacrifice. To model casual loading, overtime, different weeks-per-year, or HELP repayment, open the full calculator prefilled with $24/hour and FY 2025-26.
Open calculator at $24/hour in FY 2025-26