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The Minimum Wage Is Increasing – Here’s How It Affects You

The changes come into effect from July 1.

The national minimum wage is increasing by 3.5 per cent following the Fair Work Commission’s (FWC) Annual Wage Review. The increase means the weekly minimum wage increases to $948 per week, or $24.95 per hour based on a 38-hour work week. Inflation is currently sitting at 2.4 per cent annually.

The increase equates to approximately 85 cents per hour, $32 per week and around $128 per month extra for minimum wage earners. The wage increases will operate from July 1 and will come into effect for an employee’s first full pay period on or after July 1.

The changes are expected to affect around 20 per cent of the Australian workforce who are paid at the minimum award rate.

If you’re unsure which award applies to you, use the find my award tool provided by the Fair Work Ombudsman. Businesses that are uncertain of the rates they should be paying staff can take a look at the pay and conditions tool here.

Photography: Chege Mbuthi

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