Yesterday, the Fair Work Commission handed down its Annual Wage Review decision.
From 1 July 2015, the national minimum wage will be increased by 2.5% (equating to an increase of $16 per week) and the new weekly minimum wage will be $656.90 (or $17.29 an hour) .
Modern award rates will also be increased by 2.5% from 1 July.
Justice Ross noted that this year's increase is lower than last year's increase due to matters such as aggregate wage growth and low inflation, along with a rise in unemployment.
To discuss this decision in more detail, or for further information on employment, industrial relations and OH&S, please contact: