Salary Calculator Australia

Server error, please try again

Your Take-Home Pay


Monthly payments per year: 12 Biweekly payments per year: 26 Working weeks per year: 52 Working days per week: 5 Working hours per week: 38.0
Gross Income $98,218 $8,185 $3,778 $1,889 $377.76 $49.71
Tax Due (23%) $22,218 $1,851 $855 $427 $85.45 $11.24
Income Tax $20,253 $1,688 $779 $389 $77.90 $10.25
Medicare Levy $1,964 $164 $76 $38 $7.56 $0.99
Low Income Tax Offset $0 $0 $0 $0 $0.00 $0.00
Net Income $76,000 $6,333 $2,923 $1,462 $292.31 $38.46

Your Last 5 Salaries


* This data is stored locally on your device
# Before Tax After Tax Tax

Salary Calculator Results


Tax Year: 2024 – 2025

If you live in Australia and earn a gross annual salary of $98,218, or $8,185 per month, your monthly take-home pay will be $6,333. This results in an effective tax rate of 23%, as estimated by our Australian salary calculator.

Monthly payments per year: 12 Biweekly payments per year: 26 Working weeks per year: 52 Working days per week: 5 Working hours per week: 38.0
Monthly
Gross Income $8,185 $98,218 $3,778 $1,889 $377.76 $49.71
Tax Due $1,851 $22,218 $855 $427 $85.45 $11.24
Income Tax $1,688 $20,253 $779 $389 $77.90 $10.25
Medicare Levy $164 $1,964 $76 $38 $7.56 $0.99
Low Income Tax Offset $0 $0 $0 $0 $0.00 $0.00
Net Income $6,333 $76,000 $2,923 $1,462 $292.31 $38.46
Effective tax rate: 23% 23% tax due

Your Salary vs. Australian Wages


The following chart outlines your earnings relative to the national average salary and minimum wage in Australia. These are annual, pre-tax figures, calculated assuming full-time employment.

Your Salary
 $98,218 
Average Salary Read More
 $98,218 
Minimum Wage Read More
 $47,627 

What Is the Average Salary in Australia?


The national average salary for Australia is $98,218 per year, but how much you're likely to earn will depend on a variety of other factors including where you work and what you do. To obtain a more reliable estimate, we can check the median gross salary in Australia, which is $67,600 a year.

Using our salary calculator, we can determine that the average Australian gross salary of $98,218 per year translates to a monthly take-home pay of $6,333. On the other hand, the median gross salary of $67,600 per year translates to a monthly net income of approximately $4,598.

If you work in a major city like Sydney or Melbourne, you'll probably need to earn more to enjoy the same quality of life that would be cheaper to maintain elsewhere. That's because Sydney is the most expensive city in Australia, with Melbourne and the capital city of Canberra not that far behind.

What Is the Minimum Wage in Australia?


In Australia, all employees are entitled to earn at least the national minimum wage of $24.10 per hour. With a standard working week lasting 38 hours, the minimum wage is equal to a weekly salary of $915.90. That works out to monthly gross earnings of around $3,969 or a yearly salary of $47,627.

Once taxes and the Medicare Levy have been applied, a single person earning the Australian minimum wage can expect to take home $3,490 per month or $805 per week. That is still one of the highest national minimum wages in the world, according to official rankings!

Taxes Included in This Australian Salary Calculator


When working out the effect of taxes on your pay, our Australian Salary Calculator takes into account a variety of major taxes and other deductions.

These include income tax, which is charged at a progressive rate. This means that you'll pay a higher percentage of tax as your income increases. The calculator also accounts for the Medicare Levy which is charged at 2% of your income and is put towards maintaining Australia's public health system. Finally, the salary calculator applies any basic tax offsets (also known as rebates) that you may be entitled to, including the low income tax offset (LITO).

The calculator does not take into account any student loan repayments or tax credits you may receive in respect of your children, but the result will still be a helpful starting point to demonstrate how much of your salary you'll be taking home.

To learn more about taxes in Australia, check our comprehensive Breakdown of the Australian Income Taxes guide.

Popular Salary Calculators


The information provided on this site is intended for informational purposes only.
Please consult a qualified specialist such as an accountant or tax advisor for any major financial decisions.