Fair Work has just announced their annual wage review decision effective the first full pay period on or after 1/7/2019. They have determined that it is appropriate to increase the National Minimum Wage by 3.0 per cent. The new National Minimum Wage will be $740.80 per week, or $19.49 per hour. This amounts to an increase of $21.60 per week to the weekly rate. They have also decided to increase all modern award minimum wages by 3.0 per cent. Weekly wages will be rounded to the nearest 10 cents.
The casual loading in modern awards will remain at 25 per cent (The casual loading in the Business Equipment Award 2010 will be increased to 24 per cent, consistent with the phasing approach). The casual loading will also apply to Award/Agreement free employees.
The apprentice wage provisions and the National Training Wage Schedule in the Miscellaneous Award 2010 for award/agreement free employees to whom training arrangements apply.
The 3.0% increase also applies to modern award minimum wages for junior employees, employees with a disability, piece rates, and employees to whom training arrangements apply (as per the National Training Wage Schedule and the provisions in the Miscellaneous Award).