The first $18,200 is tax-free and the remaining $12,800 is taxed at 15%, which comes to $1,920. The low income tax offset then takes $700 off, leaving $1,220.
The Medicare levy is reduced at this income, to $298.90. Altogether, tax and Medicare take 4.9% of your salary, and of your next $1,000 pay rise you'd keep $750.
Thanks to the tax cut on 1 July 2026, you pay $128 less income tax on $31,000 than you would have in 2025–26.
$31,000 as an hourly wage
$31,000 a year works out at $15.69 an hour on a 38-hour week, before tax. See $25 an hour for fortnightly take-home at an hourly rate.
What changes your take-home
The same $31,000 in some common situations, compared with the figures above.
Situation
Per fortnight
Per year
Difference
Standard (as above)
$1,133.89
$29,481.10
-
With a HELP loan
$1,133.89
$29,481.10
-
Without private hospital cover
$1,133.89
$29,481.10
-
If the salary includes super
$1,036.80
$26,956.79
−$2,524.31
At $31,000 you're under the $69,528 HELP repayment threshold, so a study loan doesn't change your pay. You're under the $105,000 Medicare levy surcharge threshold, so private hospital cover doesn't affect your tax.
How much is $31,000 a year after tax per fortnight?+
$1,133.89 a fortnight, or $2,456.76 a month, for an Australian resident in 2026–27 with no HELP debt and private hospital cover.
How much tax do I pay on $31,000?+
$1,220 income tax (after a $700 low income tax offset) and $298.90 Medicare levy: $1,518.90 in total, or 4.9% of your salary.
What is $31,000 a year as an hourly rate?+
$15.69 an hour before tax, based on 38 hours a week for 52 weeks. After tax that's $14.92 an hour.
How much super will I get on $31,000?+
Your employer pays 12% super guarantee on top of your salary: $3,720.00 a year into your super fund. If $31,000 is a package that includes super, your salary is $27,678.57 and you take home $1,036.80 a fortnight.