Each financial year, the Fair Work Commission’s Expert Panel conducts a complete review of the national minimum wage and minimum wages in modern awards under the Fair Work Act 2009 (the Act).
On 1 June 2018, the Commission handed down its decision regarding an increase to modern awards and the minimum wage.
The Commission determined an increase to the minimum wage and modern awards by 3.5 per cent, taking effect from 1 July 2018
Here are the changes:
· Increase in the national minimum wage to $719.22 per week, or $18.93 per hour.
· This constitutes an increase of $24.30 per week to the weekly rate or 64 cents per hour to the hourly rate.
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