Tasmania Take-Home Pay Calculator 2025: Federal Income Tax + Medicare Levy

Hobart and Tasmania's tech growth

Hobart has a small but growing tech sector, particularly around University of Tasmania research commercialisation, Antarctic research and logistics (Hobart is one of the world's primary Antarctic gateway cities), and aquaculture technology. Notable Tasmanian tech firms include Definium Technologies and various startups. The tech sector is much smaller than mainland Australian metros, with limited career options for highly specialised roles.

For a $90,000 Hobart professional, Tasmania take-home is roughly:

• Federal income tax: ~$18,500
• Medicare Levy: ~$1,800
• Total deductions: ~$20,300
• Net take-home: ~$69,700

This is the same as any other Australian state. Hobart's distinction is lower cost of living and a lifestyle valued for natural amenities and a slower pace.

Hobart and Launceston cost of living

Hobart median home prices around AUD $620,000 in 2025, roughly 44 percent of Sydney. Median rent for a 2-bedroom inner-Hobart apartment around AUD $450/week. Launceston (Tasmania's second city, population ~110,000) has even lower housing costs, with median home prices around AUD $510,000.

The combination of moderate professional salaries and low housing costs has driven significant migration to Tasmania from mainland Australia, particularly Sydney and Melbourne professionals seeking lifestyle and affordability. Tasmanian housing prices roughly doubled between 2018 and 2024 as a result, narrowing the affordability advantage but maintaining substantial differential versus mainland Australian capitals.

Tasmania's tourism and aquaculture sectors

Tasmanian tourism is one of the largest sectors of the state economy, with visitors drawn by MONA (Museum of Old and New Art), Cradle Mountain, Port Arthur, and Tasmania's premium food and wine offerings. Tourism employment is generally lower-wage but provides substantial seasonal opportunities.

Tasmania produces approximately 60 percent of Australian salmon through major operations including Tassal, Huon, and Petuna in southern Tasmanian estuaries and the South-East. The aquaculture sector provides high-skilled employment in marine science, operations, and export logistics.

Antarctic research and logistics

Hobart is one of the world's primary Antarctic gateway cities (along with Christchurch NZ, Punta Arenas Chile, Cape Town SA, and Ushuaia Argentina). The Australian Antarctic Division is headquartered in Kingston (south of Hobart), and major Antarctic research expeditions depart from Hobart's wharves. Antarctic-related research employment in Hobart includes climate science, glaciology, marine biology, and logistics.

Tasmania state taxes

• Payroll tax: 4 percent on wages above $1.25M (employer-paid; the lowest payroll tax rate of any Australian state).
• Stamp duty: 3 to 4.5 percent on property purchase price.
• Land tax: 0.55 to 1.5 percent on investment property above $99,999 threshold.
• First Home Owner Grant: up to $30,000 for first-home buyers of new homes (the most generous of any Australian state).

What this calculator does not include

Medicare Levy Surcharge. Low Income Tax Offset. HECS-HELP repayments. Tasmanian stamp duty or land tax. For precise Tasmania returns, use ATO myTax or Australian tax software.

Tasmania renewable energy and hydro power

Tasmania is Australia's largest hydroelectric producer, with Hydro Tasmania operating dams and power stations across the state. Tasmania exports surplus renewable energy to mainland Australia via the Basslink interconnector, and a second Marinus Link interconnector is under development. The Battery of the Nation initiative aims to position Tasmania as a key Australian renewable energy resource. Hydro Tasmania is a major Tasmanian employer for engineering and operations roles. The renewables sector growth has been a factor in recent migration to Tasmania.

Tasmanian Government employment

Tasmanian Government employs approximately 28,000 people, the smallest of any Australian state government. Major employers include Department of Health, Department for Education Children and Young People, Tasmania Police, and various smaller agencies. The Tasmanian Government Pay Award classifications produce structured salary ranges. Public servants receive 11.5 percent employer superannuation.