Employers should take note of these changes to the employment
landscape that take effect on 1 July 2019.
Increase in the National Minimum Wage and modern award
rates
As discussed in a separate Williams + Hughes
Insight, from 1 July 2019 the:
- national minimum wage will increase to $740.80 per week or
$19.49 per hour (an increase of $21.60 per week or $0.56 per hour);
and
- minimum full time wage rates set out in modern awards will
increase by 3%. Allowances will increase in accordance with the
provisions of the relevant modern award.
Changes to the Maximum Superannuation Contributions Base
The Maximum Superannuation Contributions Base is set by the
Federal Government each year. It is used to determine the maximum
limit on any individual employee's earnings base for each
quarter for superannuation guarantee payment purposes. An employer
does not have to pay the superannuation guarantee for the portion
of earnings above this limit.
