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tax news | views | clues

CLIENT ALERT July 2017 - Get Set for a 3.3% wage increase on 1 July 2017

Fair Work Ombudsman logo


Get set, minimum wages are increasing by 2.4%

Get set for a 3.3% increase to base rates of pay

The Fair Work Commission has announced a 3.3% increase to minimum wages following its 2017 Annual Wage Review. The increase will apply to base rates of pay from the first full pay period starting on or after 1 July 2017. The new national minimum wage will be $694.90 per week or $18.29 per hour.

What do I need to do?

Nothing for now. We’re working on updating our pay tools with the new pay rates. It usually takes the Commission 2-3 weeks to update the pay rates in each award. We’ll send you an email when the updated pay rates are available.

Who does the increase apply to?

The change only applies to employees that get their pay rates from the national minimum wage, a modern award or in some cases a registered agreement.

Most employees are covered by an award. If you’re not sure which award applies to you or your employees you can use Find my award on our website.

Changes to penalty rates

Changes to penalty rates affect the Hospitality, Pharmacy, Fast Food, Retail and Restaurant industries and come into effect on 1 July, 2017. We will be updating our pay tools to reflect these changes. Read more about penalty rates here.

Find out more:

Follow us on Twitter, Linked In or like us on Facebook for updates on the minimum wage decision and other important news affecting your workplace.

Don’t take our word for it...

We have been clients of RJS Accounting since its inception, almost 30 years now. We have found Kylie & her team to have taken the firm to a high level of professionalism. They are all extremely friendly & easy to deal with. They handle our queries promptly and provide all we need to m..
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