**Threshold: $190,000**

For an Australian resident individual in the 2025-26 financial year, the top marginal income tax rate of 45 per cent applies to taxable income exceeding $190,000. That is, the top bracket starts at $190,001 (income above the $190,000 threshold).

Working (resident individual rates, 2025-26):
- $0 - $18,200: nil
- $18,201 - $45,000: 16%
- $45,001 - $135,000: 30%
- $135,001 - $190,000: 37%
- Above $190,000: 45%

So the $190,000 figure is the taxable income above which the 45% top marginal rate begins. (The 2% Medicare levy is separate and is not included in this threshold figure.)

Controlling authority: The Income Tax Rates Act 1986 (Cth), Schedule 7, sets the income tax rates for resident individuals.