Payroll Blog

Increase in the Minimum Wage 2015

Applicable from the first full pay period in July 2015, the minimum wage will increase by 2.5% to $656.90 per week, which equates to $17.29 per hour.

This is the rate that Parental Leave Payments are based on.

The minimum wages rates for any Modern Award will also increase by 2.5% and will be applicable for the first full pay period in July.

Further information can be obtained at Fair Work Annual Wage Review.

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