2018 Annual Wage Review
The Fair Work Commission has handed down its 2018 Annual Wage Review decision. The Fair Work Commission has announced a 3.5% increase to minimum wages. The new national minimum wage will be $719.20 per week or $18.93 per hour. The increase applies from the first full pay period starting on or after 1 July 2018.
Who does the increase apply to?
The 3.5% increase applies to employees that get their pay rates from:
- the national minimum wage
- a modern award.
The national minimum wage applies to employees who aren’t covered by an award or agreement.
For employees covered by an award, award rates will increase by 3.5%.
The increase doesn’t affect employees who already get paid more than the new minimum wage.