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$24 an hour is $47,424 a year before tax, based on a full-time 38-hour week. After income tax and the Medicare levy you keep about $42,352 for the 2026–27 financial year, roughly $814 a week.
Different hours, HELP debt or household details can change the estimate. Enter them in the salary tax calculator for hourly and weekly pay for a breakdown based on those inputs.
| Pay cycle | Gross | After tax |
|---|---|---|
| Hourly | $24.00 | $21.43 |
| Weekly (38 hrs) | $912 | $814 |
| Fortnightly | $1,824 | $1,629 |
| Monthly | $3,952 | $3,529 |
| Annual | $47,424 | $42,352 |
Based on a resident claiming the tax-free threshold with private hospital cover and no HELP/HECS debt. Superannuation of about $5,691 a year is paid on top at 12%.
Income tax and the Medicare levy are worked out on taxable income of $46,424, not on the full $47,424: from the 2026-27 income year every wage earner deducts a standard work-expense deduction of up to $1,000 automatically, and this page assumes no work-expense claims of your own. Claiming more than $1,000 of work expenses replaces the standard deduction rather than adding to it. Your pay itself does not change: the deduction lowers the tax on it, not the amount your employer pays you.
Enter your exact hours, add HECS or salary sacrifice and switch pay cycles in the full calculator.
$24 an hour is $47,424 a year before tax based on a full-time 38-hour week over 52 weeks. On a 40-hour week it works out to $49,920 a year.
After income tax and the 2% Medicare levy, $24 an hour is about $42,352 a year in take-home pay for 2026–27, roughly $814 a week or $21.43 an hour in your pocket (resident claiming the tax-free threshold, no HELP/HECS).
At $24 an hour, a 38-hour week is $912 before tax and about $814 after income tax and the Medicare levy.
This page treats the displayed hourly rate as cash wages before tax and shows employer super separately. Check your offer or agreement to see how the rate is described.
The national minimum wage from 1 July 2026 is $26.44 an hour. $24 an hour is below that headline figure, so check your award, as some junior, apprentice or training rates can be lower.
The yearly figure here assumes you're paid this hourly rate for the regular full-time week shown, every week of the year. If your roster changes, work from the hours you're actually paid at each rate. The yearly figure isn't a payslip forecast. The longer-week comparison changes the assumed hours, not the hourly wage. Overtime penalties, casual loading, allowances and unpaid leave depend on the job and aren't added in. The after-tax estimate applies resident income tax and the Medicare levy to the yearly gross, then breaks that annual result back down into weeks and hours. Your employer withholds PAYG from each actual pay, so a week with different hours or a one-off payment may show different net pay. Check your award, classification and agreement for your own pay conditions; the national minimum-wage comparison is only a general reference.
$24 an hour full-time is close to these annual salaries. Each one has the full after-tax breakdown.
Your hours and tax year
The figures above are the published 38-hour week for 2026–27. Change these to save a copy that matches how you actually work.
Estimates only. Not financial or tax advice. Full disclaimer for your rights and our limitations of liability.
This calculator exists to show you the arithmetic. It applies published Australian rates, thresholds and formulas to the numbers you enter and shows the working, so you can check it. That is all it does — it produces a number and describes what the number is. It does not recommend anything and it holds no opinion about any financial product.
What can move this result
This calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product. Before you make a financial decision, consider obtaining advice from someone who holds an Australian Financial Services Licence. We do not, and we cannot advise you.