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Income tax + take-home pay calculator
Australian Tax Office FY 2025-26 brackets (Stage 3 cuts in effect). Includes the 2% Medicare levy and optional HELP/HECS debt repayment.
Before tax. Excludes super (super is on top).
Toggle if you have a student loan to repay.
Take-home: $73,812 / year
Take-home pay
$73,812
Or $6,151/month · $2,839/fortnight · $1,419/week.
Income tax
$19,288
Resident tax brackets, FY 2025-26.
Medicare levy
$1,900
2% of taxable income above threshold.
Total tax + levies
$21,188
Effective rate 22.30%.
Marginal tax rate
30%
Rate that applies to your next dollar earned.
Loan-aware overlay
Match your take-home to a real home loan
Lenders use take-home plus rental income (shaded) for serviceability. Your borrowing power depends on both — see what you could borrow with this salary.
FY 2025-26 tax brackets
From 1 July 2024, the Stage 3 tax cuts re-shaped the resident brackets. The figures below apply for the full FY 2025-26:
- $0–$18,200: nil. The tax-free threshold.
- $18,201–$45,000: 16% on each dollar over $18,200 (was 19% pre-Stage 3).
- $45,001–$135,000: $4,288 plus 30% on each dollar over $45,000 (was 32.5%).
- $135,001–$190,000: $31,288 plus 37% on each dollar over $135,000.
- $190,001+: $51,638 plus 45% on each dollar over $190,000.
Medicare levyis a flat 2% on taxable income above the low-income threshold (~$27,200 single, FY24-25 figure; indexed annually). Above the Medicare Levy Surcharge (MLS) thresholds an extra 1–1.5% may apply if you don’t hold private hospital cover — not modelled here.
HELP / HECS repayment is income-contingent — repayments start at $54,435 (1%) and step up to 10% of taxable income above $159,664. Repayments are withheld via PAYG.
Out of scope (v1): Low-Income Tax Offset (auto for income <$66,667), salary sacrifice into super, negative-gearing offset from rental losses (use the property cashflow calculator for that), partner / family income tests, and foreign-resident brackets.
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These figures are estimates. A 30-min broker consult will run your specific scenario against the actual lender policies — no fees, no obligation.
Important: This calculator provides an estimate only and does not constitute credit advice. Actual rates, repayments, fees and approval are subject to lender policy and your individual circumstances. Comparison rates are based on a $150,000 loan over 25 years on a secured basis — see footer for the full disclaimer.