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ARTICLE · 11 JULY 2018

Changes to important employment-related financial thresholds 2018

Many employment-related monetary thresholds are indexed annually, and this article includes a checklist of key changes.

AustraliaEmployment and HR

A number of employment-related monetary thresholds are indexed annually on 1 July.

Detailed below is a checklist of the key changes effective 1 July 2018.

Federal Minimum Wage (excluding statutory superannuation)
2017-18 Financial Year 2018-19 Financial Year
$694.90 per week or $18.29 per hour $719.20 per week or $18.93 per hour


Modern Awards – Wage Increases
Minimum wages are increased by 3.5% (this is an increase of 0.2% from the 2017-18 financial year).


High Income Threshold
2017-18 Financial Year 2018-19 Financial Year
$142,000.00 $145,400.00


Unfair Dismissal Compensation Limit

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