What is the current Victorian minimum wage?

Victoria follows the National Minimum Wage set by the Fair Work Commission. From 1 July 2026, the minimum wage is $26.44 per hour, or $1,004.90 per week for a 38-hour week. Casual employees receive an additional 25% loading, making it $33.05 per hour. Award rates may be higher.

How is casual loading applied when converting hourly to annual?

If you are a casual employee, your base hourly rate is increased by 25% for casual loading. On the timesheet, you can check a box to add this loading. Do not type a rate that already includes loading. The annual conversion then uses the loaded rate multiplied by hours per week and 52 weeks.

How is tax calculated on the annual figure from the Victorian minimum wage?

Tax is estimated using the 2026–27 resident tax scale: nil on the first $18,200, 15% on income from $18,201 to $45,000, 30% on $45,001 to $135,000, 37% on $135,001 to $190,000, and 45% above $190,000. Medicare levy of 2% generally applies. The estimate assumes the full tax-free threshold and no other deductions.

How the Vic Minimum Wage Shapes Your Annual Salary and Tax in 2026–27

At the Victorian minimum wage of $26.44 per hour for a standard 38-hour week, your annual gross pay is about $52,249, with fortnightly earnings of $2,009.60 before tax and super.

Understanding the Vic Minimum Wage and Annual Conversion

When you earn the vic minimum wage – the National Minimum Wage that applies in Victoria – converting your hourly rate to an annual salary is straightforward. Multiply your hourly rate by the number of hours you work each week, then by 52 weeks. For a full-time employee, we assume a standard 38-hour week, as set by the Fair Work Ombudsman.

The Formula: Hourly × Hours × 52

Annual gross pay = hourly rate × hours per week × 52. For the Victorian minimum wage of $26.44 per hour and a 38-hour week:

Annual gross = $26.44 × 38 × 52 = $52,249.44 (rounded)
Fortnightly gross = $26.44 × 38 × 2 = $2,009.60

This calculation assumes you work the same hours every week with no unpaid overtime, penalty rates, allowances, or salary sacrifice. It is an estimate, not a determination of your actual pay.

National Minimum Wage vs Award Rates

The vic minimum wage is the baseline set by the Fair Work Commission. Many employees are covered by an award or enterprise agreement that pays more. Award rates vary by industry and role. Always check your specific award on the Fair Work Ombudsman website. The figure above is the legal minimum, not a job median or industry average.

For reference, the Australian Bureau of Statistics reports that Victoria’s full-time adult ordinary time average weekly earnings were $2,041.10 in May 2026. That is an average, not the minimum wage for any particular job.

Casual Loading and Superannuation

If you are a casual employee, you are entitled to a 25% casual loading on top of your base hourly rate. On the timesheet you can check a box to add this loading. Do not enter a rate that already includes casual loading. The loading brings the casual minimum rate to $33.05 per hour ($26.44 × 1.25).

Superannuation is paid on top of your ordinary earnings. The super guarantee rate is 12% from 1 July 2026, up to the maximum contribution base of $270,830 per year. For the minimum wage, super is estimated at $6,269.93 per year ($52,249.44 × 0.12). Super is not deducted from your pay; it is an additional contribution by your employer.

Tax and Medicare Levy on Your Annual Figure

Once you have your annual gross pay, you can estimate your take-home pay using the 2026–27 resident tax scale. The Australian Taxation Office sets these rates:

$0 – $18,200: nil
$18,201 – $45,000: 15% on the excess over $18,200
$45,001 – $135,000: 30% on the excess over $45,000
$135,001 – $190,000: 37% on the excess over $135,000
$190,001 and above: 45% on the excess over $190,000

Medicare levy generally adds 2% of your taxable income. The 2025–26 single reduction thresholds are used here because the 2026–27 thresholds were not confirmed at the time of this estimate. For the minimum wage annual figure of $52,249.44, the estimated tax is about $5,764 (using the 2026–27 scale) plus Medicare of $1,045, leaving approximately $45,440 after tax and before any other deductions.

For a more detailed breakdown, see our take-home pay page.

Fortnightly Pay and Budgeting

Knowing your fortnightly gross pay helps with budgeting. At the vic minimum wage, your fortnightly gross is $2,009.60. After tax and Medicare, your fortnightly take-home is roughly $1,747. This estimate assumes no HELP repayments, Medicare levy surcharge, or salary packaging.

Important Distinctions

National Minimum Wage: The legal minimum for most employees not covered by an award. Currently $26.44 per hour.
Award rates: Higher minimums set by industry awards. Check your award.
Casual loading: 25% on top of the base rate for casuals.
Super: 12% paid on top of ordinary earnings, not deducted from your pay.

Using the Timesheet

To run your own calculations, visit the timesheet. Enter your base hourly rate, choose whether you are casual, and see annual, fortnightly, and monthly figures. The timesheet applies the 38-hour week assumption and adds super and tax estimates automatically.

For more reference tables and award rates, see our minimum wage page.

Disclaimer

Annual pay here is hourly rate × hours per week × 52. It assumes the same rate every week, no unpaid overtime, no penalty rates, no allowances, and no salary sacrifice. Super is estimated at 12% of ordinary earnings only, paid on top, and stops at the $270,830 maximum contribution base. Tax is the 2026–27 resident scale with the full tax-free threshold. Medicare uses the 2025–26 single reduction thresholds because the 2026–27 reduction thresholds were not confirmed here. HELP, the Medicare levy surcharge, and salary packaging are not deducted. This is an estimate, not a determination of your pay or tax.