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National minimum wage increase

The Fair Work Commission has announced a 3.75% increase to the National Minimum Wage from 1 July 2024.

The new minimum wage will now be $24.10 per hour, or $915.90 per week, and will apply from the first full pay period starting on or after 1 July 2024.

The national minimum wage is the lowest rate an employer can legally pay their employees in Australia.

Need help understanding wage inflation? We share some tips and considerations to help ease the impact of annual wage increases on your business.

For more information on the 2024 annual wage changes, please visit the Fair Work Ombudsman website.

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