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ARTICLE · 16 JUNE 2014

Minimum wage to increase by 3% from 1 July 2014

On 4 June 2014, the Fair Work Commission (FWC) announced an increase of 3% to the federal minimum wage.

AustraliaEmployment and HR

In brief - Fair Work Commission delivers annual wage review decision

On 4 June 2014, the Fair Work Commission (FWC) announced an increase of 3% to the federal minimum wage. This equates to an increase of $18.70 per week, taking the minimum wage from $622.20 to $640.90 per week.

The new minimum wage comes into operation on 1 July 2014.

Wage increase higher than increment sought by employers

The Annual Wage Review 2013-14 decision is only 0.7% below what the Australian Council of Trade Unions (ACTU) sought in its submissions. The 3% increase is substantially higher than the figures proposed by employer associations, with the Australian Industry Group seeking a 1.6% increase.

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