The Fair Work Commission has this morning approved a 3.75% increase in all award
rates and the national minimum wage. The new minimum pay rates will apply from
the first full pay period on or after 1 July 2024.
The decision will lift the national minimum wage from $882.80 to $915.90 a week
and from $23.23 to $24.10 an hour
FWC President and panel head Adam Hatcher said cost of living pressures provided
the primary consideration for the panel's deliberations on the minimum wage and
award rates.
It had taken into account the Stage 3 tax cuts and Federal Budget cost-of-living
measures in its decision.
Further, the Fair Work Commission will now commence a review of minimum wages
in modern awards affecting the following workers and industries with the outcome of
this new review to be announced in next years’ annual wage review:
- Early Childhood education
- Care Workers
- Disability Home Care Workers
- Social and Community Services Workers
- Dental Assistants
- Medical Technicians
- Psychologists
- Other health professionals
- Pharmacists
The review of these awards and industries is in an effort to reduce the gender pay
gap in highly feminised industries.