Hourly to Salary Calculator Australia 2025-26
Converting between hourly and annual — for job comparisons or budgeting.
Convert your hourly rate to an annual salary equivalent. Includes casual loading, leave loading, overtime, and super.
Annual salary = hourly rate × 38 hours × 52 weeks. Part-time: adjust weekly hours.
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Use this calculator to plan and model your financial situation.
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The inputs that most influence this result are shown in the breakdown above. Even small changes to key variables can have a significant compound effect over time.
Longer periods amplify both growth and cost. Starting one year earlier or later can change a financial outcome by more than you expect.
Even a 1% change in rate can materially change the outcome over a long period. Use Standard or Advanced mode to model rate sensitivity.
Most financial variables have a non-linear relationship with the result — they compound. The sensitivity table in Advanced mode shows this clearly.
To improve this result, focus on the inputs with the highest leverage. Small changes to the right variable often produce much larger outcomes than large changes to less important ones.
Adjust inputs one at a time. The one that moves the result most is your binding constraint — focus effort there first.
Use the Scenario A/B feature in Advanced mode to compare two situations side by side.
Many financial decisions benefit from timing. Starting earlier, fixing a rate at the right moment, or clearing a debt before applying for new credit can each produce significant improvements.
Depending on what you are planning, these are the natural next steps after reviewing this result.
This calculator shows one part of a financial decision. The related calculators below help you model adjacent factors.
Switch to Standard or Advanced mode and use the scenario comparison tool to model best, expected, and worst case.
For decisions involving significant amounts of money, use this result as a starting point for a conversation with a qualified financial advisor.
How hourly to annual salary conversion works in Australia
The standard conversion
For a full-time employee: Annual salary = Hourly rate × 38 hours × 52 weeks = Hourly rate × 1,976. A $40/hour rate = $79,040/year. Some roles use 40 hours/week: $40 × 40 × 52 = $83,200.
| Hourly rate | 38hr/wk (annual) | 40hr/wk (annual) | Weekly gross |
|---|---|---|---|
| $25 | $49,400 | $52,000 | $950 |
| $30 | $59,280 | $62,400 | $1,140 |
| $40 | $79,040 | $83,200 | $1,520 |
| $50 | $98,800 | $104,000 | $1,900 |
| $60 | $118,560 | $124,800 | $2,280 |
| $75 | $148,200 | $156,000 | $2,850 |
Hourly rate reference — common Australian roles 2025
Indicative rates based on Fair Work Australia award wages and market data.
| Role | Award/typical rate | Annual (38hr) | Casual loading (25%) |
|---|---|---|---|
| National minimum wage | $24.10 | $47,620 | $30.13/hr |
| Retail level 2 | $24.10–$26 | $47,620–$51,376 | $30–$32/hr |
| Hospitality level 2 | $24.10–$27 | $47,620–$53,352 | $30–$34/hr |
| Nurse (RN grade 2) | $40–$52 | $79,040–$102,752 | $50–$65/hr |
| IT graduate | $35–$45 | $69,160–$88,920 | $44–$56/hr |
| Electrician (trade) | $40–$55 | $79,040–$108,680 | $50–$69/hr |
| Accountant (mid-level) | $45–$65 | $88,920–$128,440 | $56–$81/hr |
Casual loading in Australia — how it works
The 25% casual loading rule
Casual employees receive a 25% loading on top of their base hourly rate in lieu of leave entitlements (annual leave, sick leave, personal leave). A permanent role paying $40/hr has an equivalent casual rate of $50/hr.
Casual vs permanent — the real comparison
The 25% loading compensates for: 4 weeks annual leave (7.7% of annual hours), sick leave (10 days = 1.9%), and other entitlements. If you use all your leave as a permanent employee, the effective hourly rate is similar. Casual workers bear the risk of not being paid during periods they do not work.
| Permanent hourly | Annual leave value/yr | Sick leave value/yr | Casual equivalent |
|---|---|---|---|
| $40 | $6,080 (4wks) | $1,520 (10 days) | $50/hr |
| $50 | $7,600 | $1,900 | $62.50/hr |
| $60 | $9,120 | $2,280 | $75/hr |
Australian minimum wage 2025 — rates and entitlements
National Minimum Wage 2025-26
The National Minimum Wage for 2025-26 is $24.10 per hour or $915.90 per week (38-hour week). This was set by the Fair Work Commission Annual Wage Review effective 1 July 2025.
Award wage rates
Most Australian industries are covered by modern awards that specify minimum rates for different classification levels. Award rates are typically above the National Minimum Wage. Key awards include the General Retail Industry Award, Restaurant Industry Award, Building and Construction General On-site Award, and the Nurses Award.
Penalty rates and overtime
Most awards include penalty rates for evenings, weekends, and public holidays. Common rates: Saturday = 125%, Sunday = 150–200%, Public holiday = 225–250%, Overtime after 8hrs/day = 150% for first 2hrs then 200%.
Contractor and consultant day rates — how to price your services
The contractor rate multiplier
A contractor rate must cover: income tax (no employer withholding), superannuation (self-funded), annual leave, sick leave, public holidays, business expenses, insurance, and periods between contracts. The typical multiplier to convert a permanent salary to a contractor day rate is 1.4–1.8×.
Converting permanent to contractor rate
| Permanent salary | Daily rate (1.4×) | Hourly (8hr day) | Annual (220 days) |
|---|---|---|---|
| $80,000 | $510 | $64 | $112,200 |
| $100,000 | $636 | $80 | $139,920 |
| $120,000 | $764 | $95 | $168,080 |
| $150,000 | $955 | $119 | $210,100 |
GST for contractors
Contractors earning above $75,000/year must register for GST and charge an additional 10% on invoices. A $800/day rate becomes $880 including GST. The GST is collected and remitted to the ATO quarterly via Business Activity Statement.
❓ Frequently asked Frequently asked questions
How do I convert an hourly rate to annual salary?
Multiply the hourly rate by your standard weekly hours, then by 52. For a 38-hour week: annual salary = hourly rate × 1,976. For a 40-hour week: annual salary = hourly rate × 2,080. Example: $40/hr × 1,976 = $79,040/year.
What is the current minimum wage in Australia?
The National Minimum Wage for 2025-26 is $24.10 per hour or $915.90 per 38-hour week. Most award wages are above this minimum. Check Fair Work Australia (fairwork.gov.au) for specific industry and classification rates.
How does casual loading work?
Casual employees receive a 25% loading on their base rate in lieu of leave entitlements. A role paying $40/hr permanent = $50/hr casual. This compensates for no annual leave, sick leave, or other entitlements. Casuals also have no guaranteed hours.
How much super does my employer pay on hourly wages?
Employers must pay 11.5% of ordinary time earnings as superannuation (rising to 12% from 1 July 2025). For a casual earning $25/hr working 38hrs/week: $25 × 38 × 11.5% = $109.25 per week in super. Super is paid on top of the hourly rate, not deducted from it.
What is a day rate for contractors?
A contractor day rate is typically 1.4–1.8× the permanent equivalent to account for self-funded super, leave, tax, business costs, and gap periods. A $100,000 permanent role has an equivalent contractor day rate of approximately $635–$820/day (based on 220 working days/year).
Where these figures come from
Income figures on this page are drawn from the Australian Taxation Office (ATO), the Fair Work Commission (minimum wage and awards), and the Australian Bureau of Statistics (national earnings).
- PAYG withholding & income tax rates — ATO — Individual income tax rates.
- Superannuation Guarantee rate — ATO — Super guarantee percentage.
- National minimum wage — Fair Work Ombudsman — Minimum wages.
- Average weekly earnings — ABS — Average Weekly Earnings.
- Medicare levy — ATO — Medicare levy.
Last checked: April 2026. Rates and thresholds are reviewed against the source of record each November, when annual adjustments for the following tax year are published.