Minimum Wage Increase set for 1 July

From Fair Work Ombudsman

From 1 July 2024, the National Minimum Wage will increase by 3.75%.

The new National Minimum Wage will be $915.90 per week or $24.10 per hour.

The new National Minimum Wage will apply from the first full pay period on or after 1 July 2024. This means if your weekly pay period starts on Wednesday, the new rates will apply from Wednesday 3 July 2024.

The National Minimum Wage applies to employees who aren’t covered by an award or registered agreement.

Award minimum wage increase

The Commission has announced that minimum award wages will increase by 3.75%.

This increase will apply from the first full pay period starting on or after 1 July 2024. This means if your weekly pay period starts on Wednesday, the new rates will apply from Wednesday 3 July 2024.

Source: Fair Work Australia

Written by Ross Ahmadzai

25 Jun, 2024

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