$48 an Hour Is How Much a Year? (2026–27)
$48 an hour full-time is $94,848 a year before tax and $2,845 a fortnight after tax. Weekly, fortnightly, monthly and casual figures below.
$48 an hour by hours worked
Pay before tax at $48 an hour.
| Hours | Week | Fortnight | Month | Year |
|---|---|---|---|---|
| 20 hours a week | $960 | $1,920 | $4,160 | $49,920 |
| 30 hours a week | $1,440 | $2,880 | $6,240 | $74,880 |
| 35 hours a week | $1,680 | $3,360 | $7,280 | $87,360 |
| 38 hours (full-time) | $1,824 | $3,648 | $7,904 | $94,848 |
| 40 hours a week | $1,920 | $3,840 | $8,320 | $99,840 |
After tax
Working full-time at $48 an hour earns $94,848 a year (38 hours × 52 weeks). After $18,974 income tax and $1,897 Medicare levy, you take home about $73,977: $6,165 a month, $2,845 a fortnight or $1,423 a week. Your employer also pays $11,382 super on top.
Casual rates
Casual employees usually get a 25% loading instead of paid leave. $48 an hour as a casual is roughly the same as $38.40 an hour in a permanent job, before counting the value of sick leave and annual leave. If you're comparing a casual offer of $48 with a permanent job, compare it with a permanent rate of about $38.40.
Overtime and extra hours at $48 an hour
$48 is 1.82 times the adult minimum wage of $26.44. Many awards pay overtime at time and a half for the first two or three hours ($72.00 an hour here) and double time after that ($96.00). Five hours of time-and-a-half overtime a week would add about $360 a week, or $17,280 over a 48-week working year, before tax. Sunday and public holiday rates are often higher again: work out penalty rates.
Going from 38 to 30 hours a week at $48 drops your pay before tax by $19,968 a year. A 4% pay rise would lift your rate to $49.92 and add about $3,794 a year before tax.
What $94,848 means in practice
Housing on this income. The common 30% guide puts comfortable rent at about $427 a week, based on take-home pay. For buying, 30% of your gross pay ($2,371 a month) would cover repayments on a loan of roughly $375,000 at 6.50% over 30 years. Lenders test at a higher rate and count your living costs, so see what a bank might lend on $94,848.
Things worth knowing at this income. Your top tax rate is 30% plus the 2% Medicare levy. Salary sacrificing $5,000 into super would cut your tax by about $1,600; after the 15% contributions tax, you're about $850 better off overall. Model salary sacrifice.
Compare nearby hourly rates
| Rate | Full-time a year | Take-home a fortnight |
|---|---|---|
| $46 an hour | $90,896 | $2,742 |
| $47 an hour | $92,872 | $2,794 |
| $48 an hour | $94,848 | $2,845 |
| $49 an hour | $96,824 | $2,897 |
| $50 an hour | $98,800 | $2,949 |
Assumes 38 hours a week for 52 weeks (paid leave included), an Australian resident for tax, Medicare levy, no HECS debt and super paid on top. See all hourly rates.
Frequently asked questions
$48 an hour is how much a year in Australia?
Full-time at 38 hours a week, $48 an hour is $94,848 a year before tax, or about $73,977 after tax and Medicare in 2026–27.
How much is $48 an hour a week after tax?
About $1,423 a week after tax for 38 hours ($1,824 before tax), or $2,845 a fortnight.
Is $48 an hour a good wage in Australia?
The national minimum wage for adults is $26.44 an hour from 1 July 2026, so $48 is above the minimum wage. Many awards set higher minimums. Full-time it works out to $94,848 a year; Australia's average full-time salary is roughly $100,000.
Last reviewed October 2026. Estimates for general information only, based on 2026–27 rates. Check important figures with the relevant government agency or a licensed professional.