Forum Discussion

AmandaCL's avatar
AmandaCL
MYOB Moderator
6 months ago

Increase to Australia's Minimum Wages Announced by The Fair Work Commission

Good afternoon everyone!   The Fair Work Commission has announced that national minimum wage and awards will increase by 3.75%. This means we'll see national minimum wages increase by 89c to $24....
mistyben's avatar
mistyben
Experienced User

I just found this on the ATO's Fair Work Ombudsman site

From 1 July 2024, the National Minimum Wage will increase by 3.75%.

The new National Minimum Wage will be $915.90 per week or $24.10 per hour.

I realize it's only cents, but in this day and age every cent counts

AmandaCL's avatar
AmandaCL
MYOB Moderator
6 months ago

Hey mistyben

Great pick up! I've updated my post to reflect the exact cents as well, thanks for letting me know! 

 

Cheers, Amanda. 

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.

 

Related content