The Fair Work Commission has announced today that the national minimum wage in Australia will increase by 5.2 per cent (which equates to an extra $40 per week for millions of workers).
Since 2021, the minimum wage in Australia has been $20.33 per hour (or $772.60 per week). However, given that Australia’s cost of living has been spiking in recent months, many groups have called for an increase to help people manage their expenses. As a result, the minimum wage will now sit at $21.38 (or $812.60 per week).
Casual employees receiving minimum wage will also continue to receive at least a 25 per cent casual loading.
When will the change come into effect?
Award rates in the following sectors will not need to implement the new increase until 1 October 2022 due to “exceptional circumstances”:
All other industries with modern award rates must implement the change from 1 July 2022.
Click here for ongoing updates.