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.

Latest

News

What’s ahead in 2025?

The last few years have been a rollercoaster ride of instability. 2025 holds hope, but not a guaran ... read more

Tax and tinsel Q&As

Can you avoid giving the Australian Tax Office a gift this Christmas? The top Christmas party qu ... read more

Are student loans too big?

Australian voters tend to reject US style education favouring more egalitarian systems where income ... read more