Accounting & Tax Audit Finance Financial Planning Self Managed Super

Minimum wage increases by 1.75%

An increase to the minimum wage of 1.75% will start rolling out for the first full pay period from 1 July 2020.

  • Group 1 Awards – from 1 July 2020
    • Frontline Heath Care & Social Assistance Workers
    • Teachers and Child Care
    • Other Essential Services
  • Group 2 Awards – from 1 November 2020
    • Construction
    • Manufacturing
    • A range of other industries
  • Group 3 Awards – from 1 February 2021
    • Accommodation and Food Services
    • Arts and Recreation Services
    • Aviation
    • Retail
    • Tourism

You can find the full list of impacted Awards on the Fair Work Ombudsman’s website.

For anyone not covered by an award or an agreement, the new national minimum wage of $753.80 per week or $19.84 per hour, applies from the first full pay period starting on or after 1 July 2020.

The minimum wage increase does not impact on workers receiving above the minimum wage.

For employees at or close to the minimum wage, it is essential that employers are aware of the impact and timing of the increase to avoid falling foul of their industrial and superannuation obligations.



Help for business - JobKeeper 2.0

The Government has announced further changes to the JobKeeper scheme. The good news is that employe ... read more

JobKeeper 2.0

To date, the Government has made over $30 billion in JobKeeper Payments.  Between April to May ... read more

Increased flexibility for Parental Leave Pay for self-employed

From 1 July 2020, parents accessing the Government’s parental leave pay (PPL) scheme will have gr ... read more