What is the national minimum wage for 2026–27?

From 1 July 2026, the national minimum wage is $26.44 per hour, or $1,004.90 per week for a 38-hour week. Casual employees receive a 25% loading, bringing the rate to $33.05 per hour.

How is casual loading calculated?

Casual loading is an additional 25% on top of the base hourly rate. For example, if the base rate is $26.44, the casual rate becomes $33.05 per hour. This loading compensates for entitlements like paid leave that casuals do not receive.

What is the super guarantee rate for 2026–27?

The super guarantee is 12% of ordinary earnings, paid on top of your salary. It applies up to the maximum contribution base of $270,830 per year. For a procurement officer earning $69,160, the employer would contribute an additional $8,299.20 in super.

Procurement Officer Salary: How to Convert Hourly Rates to Annual, Fortnightly, and More

A procurement officer earning $35 per hour would gross approximately $69,160 per year based on a 38-hour week, before tax and super.

Converting an Hourly Rate to Annual Pay

If you know your hourly rate, calculating your annual salary is straightforward: multiply your hourly rate by the number of hours you work each week, then multiply by 52 weeks. For a standard full-time role, we assume a 38-hour week, as set by the Fair Work Commission. This gives the formula:

Annual gross pay = hourly rate × 38 hours × 52 weeks

For example, a procurement officer earning $35 per hour would have an annual salary of $35 × 38 × 52 = $69,160 before tax and super. This method works for any hourly rate, whether you are on the National Minimum Wage, an award rate, or a negotiated salary.

Fortnightly Pay

Many employers pay fortnightly. To find your fortnightly gross pay, simply double your weekly pay. Using the same example: weekly pay = $35 × 38 = $1,330; fortnightly pay = $1,330 × 2 = $2,660. This helps with budgeting and comparing salary offers.

National Minimum Wage and Award Rates

The Fair Work Commission sets the National Minimum Wage each year. From 1 July 2026, it is $26.44 per hour, or $1,004.90 per week for 38 hours. Casual employees receive a 25% loading, making the casual rate $33.05 per hour. However, most procurement officers are covered by a modern award, which may have higher minimum rates. The Fair Work Ombudsman provides pay guides for each award, including the Clerks Award and the Professional Employees Award, which often apply to procurement roles. Always check the specific award for your classification.

Estimating a Procurement Officer Salary

While award rates set the floor, actual procurement officer salaries vary by experience, industry, and location. According to the Australian Bureau of Statistics (ABS) Average Weekly Earnings for May 2026, full-time adult ordinary time earnings were $2,083.70 per week, or approximately $108,352 annually. This is a useful benchmark for a typical procurement officer salary. For a more precise figure, consult the Fair Work Ombudsman’s Pay and Conditions Tool or your enterprise agreement.

Tax and Super

Your take-home pay depends on tax and the Medicare levy. For the 2026–27 income year, the resident tax rates are:

Nil on the first $18,200
15% on income from $18,201 to $45,000
30% on income from $45,001 to $135,000
37% on income from $135,001 to $190,000
45% on income above $190,000

Plus a 2% Medicare levy (based on 2025–26 single reduction thresholds). For a procurement officer earning $69,160, the tax would be approximately $11,667 plus Medicare, leaving around $55,000 after tax (before any offsets).

Superannuation is paid on top of your salary. The super guarantee is 12% of ordinary earnings, up to the maximum contribution base of $270,830. For a $69,160 salary, the employer contributes an extra $8,299.20 per year. This is not deducted from your pay; it is an additional benefit.

Important Notes

This conversion assumes a consistent 38-hour week with no unpaid overtime, penalty rates, or allowances. It also ignores salary sacrifice. The estimates are a guide only. For your specific situation, use the hourly conversion tool and refer to the minimum wage page for current rates. Always confirm your pay with your employer or the Fair Work Ombudsman.

Using the Timesheet

Our timesheet lets you enter your base hourly rate and optionally add 25% casual loading. It then calculates your weekly, fortnightly, and annual gross pay, along with estimated tax and super. Remember: do not include casual loading in the base rate you type; use the checkbox to add it on top.

Summary

Whether you are negotiating a procurement officer salary or checking your current pay, the formula hourly × 38 × 52 gives a reliable annual figure. Combine it with award rates, tax tables, and super rules to understand your full compensation package. For more resources, see our pay guides and super and packaging pages.