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The Fair Work Commission has announced a 2.4% increase to minimum wages. The increase will apply from the first full pay period starting on or after 1 July 2016.

Who does the increase apply to?

The increase only applies to employees that get their pay rates from the national minimum wage, a modern award or in some cases a registered agreement.

The new national minimum wage will be $672.70 per week or $17.70 per hour. The national minimum wage applies to employees who aren’t covered by an award or agreement.

Most employees are covered by an award. Award rates will increase by 2.4%. If you are not sure which award applies to you, please contact us.

We recommend a review of your payroll obligations to ensure you are meeting your minimum wage compliance responsibilities. Please contact Key Business Advisors HR Team on 1300 4 ADVICE.

About The Author

Colin Wilson

Director and founder, Colin Wilson drives Key Business Advisors with determination, passion, and motivation. Assisting in the growth of many organisations over the last 12 years

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