- National Minimum
Wage
Each financial year, the Fair Work Commission's
(FWC) Expert Panel for wage reviews undertakes it
annual wage review and subsequently publishes its decision. This
financial year, the FWC's decision has resulted in the new
national minimum wage being set at $740.80/week or $19.49/hour from
the first full pay period on or after 1 July 2019. This constitutes
a 3% increase and applies to all national system employees who are
paid in accordance with the national minimum wage.
In relation to modern award minimum wages, the FWC decided that
from the first full pay period on or after 1 July 2019 minimum
weekly wages would also increase by 3%.
The 3% increase is down from the 3.5% increase we saw for the
2018-2019 period. The FWC says it "awarded a lower
increase this year than that awarded last year having regard to the
changes in the economic environment (in particular the recent fall
in GDP growth and the drop in inflation) and the
