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Tax on $60,000 in Australia

$8,420 income tax plus $1,200 Medicare levy on a $60,000 salary in 2026-27: $9,620 in total (16.0% of salary), leaving $50,380 take-home.

$60,000 sits $15,000 into the 30% bracket, $75,000 short of the 37% rate that starts above $135,000.

Official ATO ratesUpdated FY2026-27Free foreverNo signup required
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How Much Tax Do You Pay on $60,000?

Tax BracketIncome in BracketTax RateTax Paid
$0 – $18,200$18,2000.0%$0
$18,200 – $45,000$26,80015.0%$4,020
$45,000 – $135,000$15,00030.0%$4,500
Minus Low Income Tax Offset (LITO)−$100
Total Income Tax$8,420

Income tax by year: $9,867 in 2023-24, $8,688 in 2025-26, $8,420 now, $7,902 in 2027-28 (after the $250 Working Australians Tax Offset). Tax bracket history.

What Is the Take-Home Pay Breakdown at $60,000?

ComponentAnnualMonthlyFortnightlyWeekly
Gross Salary$60,000$5,000$2,308$1,154
Income Tax−$8,420−$702−$324−$162
Medicare Levy−$1,200−$100−$46−$23
Take-Home Pay$50,380$4,198$1,938$969

Employer super: $7,200 (12%). Salary sacrifice calculator.

Low Income Tax Offset on $60,000

The offset on $60,000 is $100: the $325 left at $45,000, less 1.5c for each of the $15,000 above it (2026-27). It runs out at $66,667, $6,667 higher; until then each extra dollar costs 31.5c of income tax. How the Low Income Tax Offset works.

Tax on $60,000 With a HECS-HELP Debt

No compulsory repayment on $60,000: it is under the $69,528 repayment threshold for 2026-27. Repayments are marginal, 15c per dollar of repayment income over $69,528 and nothing below it. HECS-HELP calculator.

Tax Thresholds Near $60,000

One threshold between $55,000 and $65,000, still ahead:

ThresholdAboveWhat changesDistance
Super co-contribution cut-out2026-27$64,293No government super co-contribution on total income of $64,293 or more.$4,293 above $60,000

Next further up: the LITO cut-out at $66,667 (2026-27). The last one passed was the super co-contribution lower threshold at $49,293.

The super offsets also depend on the contributions made.

Tax on the Next $1,000 Above $60,000

A rise to $61,000 adds $315 of income tax and $20 of Medicare levy, so you keep $665 of the $1,000: 33.5% goes, above the headline 32% because the Low Income Tax Offset shrinks by 1.5c per dollar.

How Does $60,000 Compare to Other Salary Levels?

Gross SalaryIncome TaxMedicare LevyTake-Home PayEffective RateDifference
$50,000$5,270$1,000$43,73012.5%-$6,650
$55,000$6,845$1,100$47,05514.4%-$3,325
$60,000You are here$8,420$1,200$50,38016.0%—
$65,000$9,995$1,300$53,70517.4%+$3,325
$70,000$11,520$1,400$57,08018.5%+$6,700

The steps are uneven because they cross the LITO cut-out ($66,667). Any other figure: income tax calculator.

Where $60,000 Sits Among Australian Earners

$60,000 ($1,154 a week) is about the 37th percentile of all employees, below the median, in the second quarter (our estimate between the published 25th and 50th, ABS Employee Earnings, August 2025). It is $14,100 below the all-employee median ($74,100, August 2025). Among full-time employees only, ABS band counts put it ahead of 14–20%. Average salary in Australia.

Pay Close to $60,000

ABS group figures that round to $60,000 at the nearest $5,000:

  • Median earnings, all employees in Arts & recreation services: $59,800 (August 2025)
  • Median full-time earnings aged 20–24: $62,400 (August 2025)
  • Median earnings, all employees in Administrative & support services, Agriculture, forestry & fishing and Other services: $62,400 (August 2025)

Occupations whose median full-time pay rounds to $60,000 (non-managerial adults; Jobs and Skills Australia, from ABS data for May 2025):

State teacher and nursing pay points that round to $60,000:

  • NT nurses, Enrolled Nurse in Training and Registered Nurse/Midwife in Training, Registered Nurse/Midwife in Training (75% of Nurse 2): $60,501
  • SA nurses, Assistant in Nursing/Midwifery, 2nd increment: $60,844
  • VIC nurses, Trainee Enrolled Nurse, Year 2: $61,365
  • NT teachers, Aboriginal team teachers — AT1 to AT7, and authorised persons, AT1: $61,415

Full-time adult award minimums that round to $60,000:

More published pay from $57,500 to $62,499:

  • Median APS base salary (APSC, 31 December 2025): APS 1 $58,408

Frequently Asked Questions

$9,620 in 2026-27: $8,420 income tax plus $1,200 Medicare levy, 16.0% of the salary, leaving $50,380 a year ($969 a week). ATO resident rates, no HECS-HELP.

$100 in 2026-27, reduced from the $700 maximum because $60,000 is above $37,500. It reaches nil at $66,667.

Nothing compulsory. In 2026-27 repayments start above $69,528 of repayment income, $9,528 above $60,000.
How this calculator works▼

ATO resident rates for 2026-27; headline figures leave out the surcharge and HECS-HELP. Our methodology.

Sources & References

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Last verified: 9 October 2026. Our content is based on the latest information from official Australian government sources.

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