Minimum wages are on the way up, by 3.5 per cent to be exact. The increase to $24.94/hour will come into place from July 1, following the Fair Work commission’s annual review of the minimum wage and award agreements. Around a fifth of Australian workers are paid according to award wages. Last year, the minimum wage and awards increased by 3.75 per cent, after higher inflation pushed real wage growth further down in comparison. Inflation is currently at 2.4 per cent annually. More: https://ab.co/
0:46
Minimum wages are on the way up, by 3.5 per cent to be exact. The increase to $24.94/hour will come into place from July 1, following the Fair Work commission’s annual review of the minimum wage and award agreements. Around a fifth of Australian workers are paid according to award wages. Last year, the minimum wage and awards increased by 3.75 per cent, after higher inflation pushed real wage growth further down in comparison. Inflation is currently at 2.4 per cent annually. More: https://ab.co/
4.8K viewsJun 3, 2025
FacebookABC News
See more
Static thumbnail place holder