Per year (38 h/wk)
$117,389
FY 2023-24 · Australian resident
$85 per hour after tax in FY 2023-24
$85/hour at a 38-hour working week in the FY 2023-24 financial year gave $117,389 per year take-home, an effective tax rate of 30.1%.
Per month
$9,782
Per week
$2,257
Hourly (after tax)
$59.41
What was different in FY 2023-24
- First year without LMITO — effective tax increase for middle earners.
- Super Guarantee rate rose to 11%.
- Last year of the 19% lowest bracket before Stage 3 revision.
38 vs 40 hours per week
| Scenario | Annual gross | Total tax | Take-home | Effective |
|---|---|---|---|---|
| 38 h/week × 52 weeks | $167,960 | $50,571 | $117,389 | 30.1% |
| 40 h/week × 52 weeks | $176,800 | $54,019 | $122,781 | 30.6% |
$85/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 | $50,571 | $117,389 |
| FY 2021-22 | $50,571 | $117,389 |
| FY 2022-23 | $50,571 | $117,389 |
| FY 2023-24 (this page) | $50,571 | $117,389 |
| FY 2024-25 | $46,842 | $121,118 |
| FY 2025-26 | $46,842 | $121,118 |
| FY 2026-27 | $46,574 | $121,386 |
Also see the FY 2023-24 calculator, or the current-year $85/hour page.
Closest annual salary
$85/hour at 38 h/week annualises to $167,960, roughly a $170,000 annual salary.
See the $170,000 salary page for FY 2023-24 →Frequently asked questions
What was $85 per hour annually in FY 2023-24?
$85 per hour annualises to $167,960 at 38 hours per week, or $176,800 at 40 hours per week, across 52 weeks. The same gross regardless of financial year.
What was $85 per hour after tax in FY 2023-24?
A $85 hourly rate in FY 2023-24 left about $117,389 per year take-home at 38 h/week, or $122,781 at 40 h/week — for an Australian resident with private hospital cover.
How much tax did $85/hour earners pay in FY 2023-24?
On a $85 hourly rate at 38 h/week, total tax for FY 2023-24 was about $50,571 ($47,212 income tax plus $3,359 Medicare levy).
What Super Guarantee rate applied to $85/hour in FY 2023-24?
The Super Guarantee rate in FY 2023-24 was 11%. An employer paid $18,476 in SG contributions per year on a $85/hour full-time (38 h/week) rate that financial year.
How does $85/hour in FY 2023-24 compare to 2025-26?
A $85/hour rate gives about $3,729 more take-home per year in FY2025-26 than it did in FY 2023-24, thanks to bracket and rate changes.
Nearby hourly rates (FY 2023-24)
Run a custom calculation for FY 2023-24
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 $85/hour and FY 2023-24.
Open calculator at $85/hour in FY 2023-24