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National Minimum Wage and Award Increase: Key Updates

National Minimum Wage and Award Increase: Key Updates

The National Minimum wage and award will be increased effective from 1st July 2023. The National Minimum Wage will increase to $882.80 per week or $23.23 per hour for employees not covered by an award or registered agreement. Additionally, minimum award wages will see a 5.75% increase from the first full pay period starting on or after 1st July 2023.

National Minimum Wage

– Effective from 1st July 2023
– New rate: $882.80 per week or $23.23 per hour
– Applicable to employees not covered by an award or registered agreement
– First full pay period starting on or after 1st July 2023

Award Minimum Wage

– 5.75% increase announced
– Effective from the first full pay period starting on or after 1st July 2023
– Utilise the ‘Find my award’ tool to identify your applicable award

 

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