16/06/2022
Yesterday The Fair Work Commission announced:
- a 5.2% increase to the National Minimum Wage
- an either 4.6% or $40 per week increase to minimum award wages, depending on the applicable wage threshold.
For anyone not covered by an award or an agreement, the new National Minimum Wage will be $812.60 per week or $21.38 per hour. This increase applies from the first full pay period starting on or after 1 July 2022.
The wage threshold means minimum award wages:
- above $869.60 per week, will receive a 4.6% increase
- below $869.60 per week, will receive a $40 increase.
Increases to award rates will apply from 2 different dates. Most awards will increase from the first full pay period on or after 1 July 2022 while others will increase from the first full pay period on or after 1 October 2022.
The Fair Work Commission is working on updating their pay tools with the new rates and will notify subscribers when they’re available.
You can read more about the Fair Work Commission’s decision here:
