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ARTICLE · 02 JULY 2023

1 July 2023: What is changing in the workplace environment?

Workplace changes commencing on 1 July 2023 include changes to minimum wages, superannuation and paid parental leave.

AustraliaEmployment and HR
Tavishi Arora
Tavishi Arora

1 July 2023 is a date for the diary. The first day of the new financial year brings a number of changes for organisations. Many of these changes stem from the Annual Wage Review Decision ("AWRD") of the Fair Work Commission ("FWC"). This year, there are some additional workplace changes which commence on 1 July 2023 including changes to superannuation and paid parental leave.

National minimum wage and modern award wages

In accordance with the AWRD, the national minimum wage will increase to $882.80 per week or $23.23 per hour (an increase of 8.6%). The minimum modern award rate will also increase by 5.75%.

These changes must be applied from the first full pay period on or after 1 July 2023.

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