How to Read Your Australian Payslip

A line-by-line guide to understanding every item on your Australian pay slip, from gross pay to superannuation.

Common Payslip Items

• Gross Pay: Your total earnings before any deductions.
• PAYG Withholding: Income tax withheld by your employer on behalf of the ATO.
• Medicare Levy: Usually included in PAYG withholding, not shown separately.
• Superannuation: The 11.5% SG contribution paid on top of your salary.
• HECS-HELP: Compulsory repayment if your income exceeds the threshold.
• Net Pay: The amount deposited into your bank account.