The Fair Work Commission has announced a 2.5% increase to minimum wages. The increase will apply from the first full pay period starting on or after 1 July 2015.
The increase only applies to employees that get their pay rates from the national minimum wage, a modern award or in some cases a registered agreement.
The new national minimum wage will be $656.90 per week or $17.29 per hour. The national minimum wage applies to employees who are not covered by an award or agreement.
Most employees are covered by an award.
Award rates will increase by 2.5%.
The Fair Work Commission will issue draft determinations and orders about how this decision affects each modern award.
I will keep you informed of the new pay rates.
Wednesday, June 3, 2015
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