On Wednesday, the Fair Work Commission (FWC) announced new changes to the minimum wage and award rates for the upcoming financial year. The recent changes are as follows:
- The minimum wage has been increased by 2.5%and will now be $772.60 per week, or $20.33 an hour. This means there is a $18.80 increase to the weekly wage.
- The modern award minimum rate will also increase by 2.5%. However, like last year, the increase to wages will be staggered based on the employer’s industry. In making the decision, the FWC looked at the recovery of each sector through the pandemic and whether there had been recent wage changes in the sector. Unless mentioned otherwise, the award rate changes come into effect on 1 July 2021. Below is a table with a summary of industries and the date that changes come into effect.
Summary of operative dates
Transport, postal and warehousing sector (Excluding the Aviation and Tourism Awards) | 1 July 2021 |
Aviation and Tourism Awards | 1 November 2021 |
Accommodation and Food Services sector (Excluding the Fast Food Industry Award) | 1 November 2021 |
Fast Food Industry Award 2010 | 1 July 2021 |
Arts and Recreation Services sector (Excluding Horse and Greyhound Training Award) | 1 November 2021 |
Horse and Greyhound Training Award 2020 | 1 July 2021 |
Retail Trade Sector
|
1 November 2021 |
Vehicle Repair, Services and Retail Award 2020 | 1 July 2021 |
Commercial Sales Award 2020 | 1 July 2021 |
General Retail Industry Award 2020 | 1 September 2021 |
All Remaining Awards | 1 July 2021 |
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