$20 an hour is how much a year?
$20 per hour, full time (38 hours a week), is $39,520 a year before tax and $35,917 after tax and Medicare in 2025-26.
Take-home per year, 2025-26
$35,917| Period | Gross | Take-home |
|---|---|---|
| Year | $39,520 | $35,917 |
| Month | $3,293.33 | $2,993.12 |
| Fortnight | $1,520.00 | $1,381.44 |
| Week | $760.00 | $690.72 |
| Hour | $20.00 | $18.18 |
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2026-27 estimate
From 1 July 2026 the 16 percent tax rate falls to 15 percent. At $20 an hour your take-home becomes about $36,131 a year, an extra $213.
These figures assume 38 hours a week for 52 weeks, an Australian resident, no HELP debt and the 2 percent Medicare levy. Casual loading, penalty rates, unpaid leave and overtime change the result. Use the full calculator for your own hours.
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