Sladen Snippet - Minimum wage to rise 2.5%

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.

Access the Commission’s decision.

To discuss this decision in more detail, or for further information on employment, industrial relations and OH&S, please contact:

Louise Houlihan
Principal
Sladen Legal
03 9611 0144
lhoulihan@sladen.com.au

or

Jane O'Brien
Senior Associate
Sladen Legal
+61 3 9611 0155
jobrien@sladen.com.au
 

 

Sladen Legal

Sladen Legal, 707 Collins Street, Docklands, VIC, 3008