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ARTICLE · 09 JUNE 2015

Get Set For A 2.5% Increase To Minimum Wages Effective July 1, 2015

Australia's national minimum wage and modern award pay rates are set to increase by 2.5% starting July 1, 2015. On June 2, 2015, the Minimum Wage Panel of the Fair Work Commission announced an increase to the minimum rates.

AustraliaEmployment and HR

Australia's national minimum wage and modern award pay rates are set to increase by 2.5% starting July 1, 2015. On June 2, 2015, the Minimum Wage Panel (the Panel) of the Fair Work Commission announced an increase to the minimum rates. The increase will affect over 1.86 million employees in Australia whose salary is at the minimum rate.

Each financial year, the Panel reviews the national minimum wage and the minimum wages set out in modern awards. The modern awards vary depending on the industry or the type of job, and cover employee entitlements not only to minimum pay rates, but also to allowances, loadings and other conditions of employment. Most employees in Australia are covered by one of the 123 modern awards.

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