Tag: Minimum Wage

With the new National Minimum Wage increases taking effect from July 1, 2023, it is expected that the employment situation will worsen.

Australia Raises Minimum Wage by 5.75 per cent in Response to Inflation Starting July 1st

The Fair Work Commission has handed down its decision in its annual wage review, lifting the national minimum wage by 5.2 per cent.

The Australian Council of Trade Unions said it would argue for a 5 per cent increase in the minimum wage, lifting the hourly rate to $21.35.

In a much-anticipated move, Australia increased the minimum wage to $20.33 per hour, so what does it mean for small businesses?

Woolworths is the latest addition to a lengthy list of Australian firms that have underpaid their employees

According to the Organisation for Economic Co-operation and Development, Australia now has the world’s highest minimum wage. While this appears to be a positive step for low income Australian workers the increase in other factors such as taxes and the cost of living means that they do not reap the benefits of a higher minimum […]

The Fair Work Commission has decided on a three per cent increase in the national minimum wage from July 1. Australia’s lowest paid workers will get a smaller pay rise this year of three per cent, but the industrial umpire says it will help improve their living standards. The national minimum wage will rise by […]

Two decisions of the Fair Work Commission took effect on weekend – An immediate 3.3% increase in the minimum wage; and a staged variation in penalty rates under the Hospitality, Fast Food, Retail and Pharmacy Awards. The decisions do not apply to people employed under enterprise agreements or in other sectors (eg nurses, police, paramedics, […]

The minimum wage in Australia has now risen by $16 per week, a result of the annual wage review decision that came into effect yesterday.