Net Income Calculator Australia 2026-27
Calculate your net income — gross salary minus income tax, Medicare levy, HECS/HELP and salary sacrifice. Also works as a net earnings calculator, net salary calculator, and bring-home income calculator for the 2026-27 financial year.
Take-Home Pay
$2,457
per fortnight
Annual Breakdown
Effective Rates
Effective Tax Rate
20.1%
Marginal Rate
30.0%
Frequently Asked Questions
What is net income in Australia?
Net income (also called net earnings, net pay, or take-home income) is your gross salary minus income tax, Medicare levy, and any HECS/HELP repayment. It is the amount that actually lands in your bank account each pay period.
How do I calculate net income from gross salary in Australia?
Net income = Gross salary − income tax − Medicare levy (2%) − HECS repayment (if applicable). For 2026-27, the tax-free threshold is $18,200. The Low Income Tax Offset (LITO) reduces tax by up to $700 for earnings below $66,667.
What is the net income on $80,000 in Australia?
On $80,000 in 2026-27, net income is $64,758 per year — about $2,490 per fortnight. This is after income tax of $13,642, Medicare levy of $1,600 and the Low Income Tax Offset.
Is net income the same as taxable income?
No. Taxable income is your gross income minus tax deductions (work expenses, donations, etc.). Net income is what you receive after income tax and Medicare levy are taken out of your taxable income.
Does net income include superannuation?
No. Superannuation (12% in 2026-27) is paid by your employer on top of your salary into your super fund — it is not part of your net take-home income. If your contract quotes a total package inclusive of super, toggle that option in the calculator.
Take-Home Pay for Common Salaries (2026-27)
Australian resident, no HECS/HELP. Income tax includes the Low Income Tax Offset; Medicare levy is 2%. Superannuation is paid on top and not deducted from take-home pay. Source: ATO 2026-27 rates.
| Salary | Income Tax | Medicare | Take-Home | Per Fortnight | Eff. Rate |
|---|---|---|---|---|---|
| $60,000 | $8,420 | $1,200 | $50,380 | $1,938 | 16.0% |
| $80,000 | $14,520 | $1,600 | $63,880 | $2,457 | 20.1% |
| $100,000 | $20,520 | $2,000 | $77,480 | $2,980 | 22.5% |
| $120,000 | $26,520 | $2,400 | $91,080 | $3,503 | 24.1% |
| $150,000 | $36,570 | $3,000 | $110,430 | $4,247 | 26.4% |