FairWorkMate

$48 an Hour Is How Much a Year?

Find out exactly what $48/hr equals as an annual salary and how much you take home after tax in Australia (2025-26 rates).

Last verified: 1 July 2025

Quick Answer

$48/hr = $94,848.00/year = $3,648.00/fortnight = $1,824.00/week (before tax, 38hr week)

After-Tax Breakdown

Annual

$73,708.64

Monthly

$6,142.39

Fortnightly

$2,834.95

Weekly

$1,417.47

Daily

$283.49

Tax Breakdown

Gross annual salary$94,848.00
Income tax + Medicare levy-$21,139.36
Take home pay$73,708.64
Effective tax rate22.3%

Is $48/hr Above Minimum Wage?

Yes$48/hr is $23.90/hr above the national minimum wage of $24.10/hr. That's 99% above the minimum.

Is $48 an Hour Good?

The average full-time adult hourly rate in Australia is approximately $43.20/hr (ABS, ordinary-time earnings). At $48/hr, you're earning 111% of the average — that's above the national average.

$0/hrAvg $43/hr$80/hr+

Overtime Rates on $48/hr

Time-and-a-Half (1.5x)

$72.00/hr

+$24.00/hr extra

Double-Time (2x)

$96.00/hr

+$48.00/hr extra

Casual Equivalent Rate

If this $48/hr is a permanent rate, the casual equivalent with 25% casual loading would be $60.00/hr. Casual loading compensates for no paid leave, no sick leave, and no redundancy pay.

Nearby Hourly Rates Compared

Hourly RateAnnual SalaryTake HomeTax Rate
$40/hr$79,040.00$62,959.2020.3%
$42/hr$82,992.00$65,646.5620.9%
$45/hr$88,920.00$69,677.6021.6%
$48/hr ← You$94,848.00$73,708.6422.3%
$50/hr$98,800.00$76,396.0022.7%
$55/hr$108,680.00$83,114.4023.5%
$60/hr$118,560.00$89,832.8024.2%

Calculate Your Exact Take Home Pay

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Frequently Asked Questions

$48 an hour is how much a year?

At $48 per hour working 38 hours a week for 52 weeks, your gross annual salary is $94,848.00 before tax.

Is $48 an hour good in Australia?

$48/hr is 111% of the average full-time hourly rate ($43.20/hr). This is above the national average.

How much tax on $48 per hour?

On $94,848.00/year (equivalent of $48/hr), you pay approximately $21,139.36 in income tax and Medicare levy, giving an effective tax rate of 22.3%.

What is $48 an hour after tax?

After tax, $48/hr takes home approximately $73,708.64/year, $2,834.95/fortnight, or $1,417.47/week (2025-26 rates).

Salary Equivalent

$48/hr at 38 hours/week = $94,848.00/year. See the full salary breakdown:

$95,000.00 Salary Breakdown

General information and estimates only — not legal, financial, or tax advice. Always verify with the Fair Work Ombudsman (13 13 94) or a qualified professional.