The Fair Work Commission handed down a decision on Friday, 1 June 2018 increasing the National Minimum Wage by 3.5%. This means the National Minimum Wage will increase to $719.20 per week or $18.93 per hour and comes into effect on 1 July 2018. The increase will affect employees paid the National Minimum Wage, or at Modern Award rates and those employees under a registered enterprise agreement which is linked to any outcome of the FWC’s annual wage review.
We will continue to keep our clients updated with further changes and updates in relation to the FWC’s yearly wage review. In the meantime, we suggest employers review the current wages being paid to their employees and take proactive steps to ensure compliance with the new changes which come into force on 1 July 2018.