$42 an Hour Is How Much a Year?
Find out exactly what $42/hr equals as an annual salary and how much you take home after tax in Australia (2025-26 rates).
Last verified: 1 July 2025Quick Answer
$42/hr = $82,992.00/year = $3,192.00/fortnight = $1,596.00/week (before tax, 38hr week)
After-Tax Breakdown
Annual
$65,646.56
Monthly
$5,470.55
Fortnightly
$2,524.87
Weekly
$1,262.43
Daily
$252.49
Tax Breakdown
| Gross annual salary | $82,992.00 |
| Income tax + Medicare levy | -$17,345.44 |
| Take home pay | $65,646.56 |
| Effective tax rate | 20.9% |
Is $42/hr Above Minimum Wage?
Yes$42/hr is $17.90/hr above the national minimum wage of $24.10/hr. That's 74% above the minimum.
Is $42 an Hour Good?
The average full-time adult hourly rate in Australia is approximately $43.20/hr (ABS, ordinary-time earnings). At $42/hr, you're earning 97% of the average — that's below the national average.
Overtime Rates on $42/hr
Time-and-a-Half (1.5x)
$63.00/hr
+$21.00/hr extra
Double-Time (2x)
$84.00/hr
+$42.00/hr extra
Casual Equivalent Rate
If this $42/hr is a permanent rate, the casual equivalent with 25% casual loading would be $52.50/hr. Casual loading compensates for no paid leave, no sick leave, and no redundancy pay.
Nearby Hourly Rates Compared
Calculate Your Exact Take Home Pay
Adjust for HECS-HELP, pay frequency, and super below.
Frequently Asked Questions
$42 an hour is how much a year?
At $42 per hour working 38 hours a week for 52 weeks, your gross annual salary is $82,992.00 before tax.
Is $42 an hour good in Australia?
$42/hr is 97% of the average full-time hourly rate ($43.20/hr). This is below average but above the national minimum wage of $24.10/hr.
How much tax on $42 per hour?
On $82,992.00/year (equivalent of $42/hr), you pay approximately $17,345.44 in income tax and Medicare levy, giving an effective tax rate of 20.9%.
What is $42 an hour after tax?
After tax, $42/hr takes home approximately $65,646.56/year, $2,524.87/fortnight, or $1,262.43/week (2025-26 rates).
Salary Equivalent
$42/hr at 38 hours/week = $82,992.00/year. See the full salary breakdown:
$85,000.00 Salary BreakdownGeneral information and estimates only — not legal, financial, or tax advice. Always verify with the Fair Work Ombudsman (13 13 94) or a qualified professional.
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