contractor hourly day rate calculator Australia

Convert an Australian contractor hourly, day and project rate

Convert hourly and day rates, estimate billable annual revenue, and calculate a project fee from hours or days.

Price the work using billable time, then place the agreed service and amount into a real customer quote or invoice.

Contractor pricing

Hourly, day, annual billing and project fee

Uses your billable-time assumptions rather than treating every workday as chargeable.

Hourly rate$0.00
Day rate$0.00
Annual billable revenue$0.00
Project fee$0.00

Invoice the real work

Gross billing is before costs, GST, tax, super and unpaid time. An invoice or ABN does not determine employment status.

From calculation to real customer billing

Rate agreed? Build the customer invoice from the real work

Enter the real business, customer, service, GST or no-GST, amount and payment facts, then check the customer document in the live preview.

Add the approved hours, days or fixed service as line items, then check GST, due date and payment instructions in the live preview.

Try the invoice tool now

Quick answer

How do I convert a contractor day rate to an hourly rate?

Divide the day rate by billable hours per day. A $720 day at 8 billable hours equals $90 per hour; annual revenue still depends on actual billable days, not every calendar workday.

Fast-start promise

What you can do immediately

Related invoice tools

Continue with the closest invoice workflow

These links are selected for this page's task, so the next checker, example, template, or generator stays relevant to the invoice you are making.

ATO-guided fields

Invoice compliance checks without heavy software

Check ABN, GST, no-GST, tax invoice fields, due dates, invoice numbers, and payment details against practical Australian invoice requirements.

Source-grounded notes

What this page is grounded on

Key facts

What to know before choosing this workflow

These short facts are visible to readers and summarize the page without implying ATO approval, tax advice, or accounting software replacement.

Hourly rate
Day rate ÷ billable hours per day.
Day rate
Hourly rate × billable hours per day.
Annual revenue
Day rate × chosen billable days.
Boundary
Revenue is before expenses, GST, tax, super and unpaid time.

The job to finish

Australian contractors and sole traders pricing billable work can move from work completed to invoice sent without starting from a blank template.

What you enter

  • Hourly and day rate conversion
  • Billable annual revenue estimate
  • Hours or days project fee

What you leave with

Export PDF or image files, save history, mark invoices sent or paid, and use archive tools when records need to be handed to an accountant.

Why this workflow exists

Price the work using billable time, then place the agreed service and amount into a real customer quote or invoice.

ABN Invoice keeps the document workflow focused: business details, customer details, line items, GST or no-GST treatment, payment details, preview, export, and history. It is built for practical Australian invoicing records rather than a heavy accounting setup.

ABN Invoice is a document creation tool. It does not provide tax, accounting, legal, or financial advice. Check official guidance or your adviser when obligations are unclear.

Best fit for this search

How this calculator works

Choose an hourly or day rate, set billable hours per day and billable days per year, then enter the project time. The tool uses those assumptions consistently.

  • Visible billable hours
  • Visible billable days
  • No hidden utilisation assumption

What the result does and does not mean

The result is a pricing estimate, not a determination of employment status, market rate, profit or tax. Non-billable admin, leave, insurance and equipment still matter.

  • Exclude unpaid time deliberately
  • Add business costs separately
  • Check the real worker relationship

Turn a genuine customer amount into an invoice

After the client agrees to the scope and rate, ABN Invoice can turn the real hours, days or fixed project amount into a clear line item with payment details.

  • Enter the real customer and service
  • Check GST or no-GST
  • Preview and export the invoice

Questions people ask before making this invoice

These are practical questions that show up around ABN, GST, phone invoicing, and small-job invoice records.

What is a $720 day rate hourly?

At 8 billable hours, $720 ÷ 8 = $90 per hour.

Why not multiply by 260 workdays?

Contractors often have non-billable admin, leave, sales and gaps. Enter a realistic billable-day assumption.

Does the rate include GST?

Choose and document the agreed basis. Use the separate GST calculator before invoicing when GST applies.

Fast workflow for contractor hourly day rate calculator Australia

Choose the source rate

Enter an hourly or day rate.

Set billable assumptions

Add hours per day, days per year and project time.

Invoice agreed work

Use the actual approved scope, quantity and rate in ABN Invoice.

Related invoice workflows

Continue with the closest ABN Invoice workflows for this search intent.

Common questions

How many billable days should I enter?

Use your own realistic plan after leave, admin, sales time and gaps; the calculator does not prescribe a number.

Can I calculate a fixed project fee?

Yes. Enter estimated project hours or days and the applicable rate.

Is the annual result take-home income?

No. It is gross billable revenue before expenses and tax.

Is the calculator free?

Yes. It runs in the browser without an ABN Invoice account.

Does the calculator create an invoice automatically?

No. Review the result first. If a genuine customer transaction exists, open ABN Invoice and enter the real transaction details.

Can ABN Invoice save the customer document?

Yes. You can start without signing up; account features add searchable history, cloud records and export workflows for repeat invoicing.