Australia increases minimum wage for workers by 3.7%

Australia’s workplace tribunal Fair Work Commission has announced a 3.75 per cent increase to the national minimum wage and minimum award wages, effective from July 1, 2024. This adjustment aims to support workers amidst rising living costs and economic changes.

The national minimum wage increased to $915.90 per week, equivalent to $24.10 per hour. Additionally, award minimum wages rose by 3.75 per cent.

The commission has also stated that other award wages, including those for juniors, apprentices, and supported wages based on adult minimum wages, will receive a proportionate increase. The new wage rates are valid from the first full pay period on or after July 1, 2024.

Fibre2Fashion News Desk (DP)